Thursday, March 17, 2016 10:41:48 AM
According to Michael Ogburn, iBrands newly appointed CEO, “The signing of this agreement with Green Tree is a transformational event for iBrands. It fulfills our commitment to create shareholder value by acquiring well-known companies with strong infrastructures and tremendous up-side. This transaction, upon completion, will be the most significant in company history as it will expand our distribution channel into the convenient store markets. Green Tree currently distributes to over 500 C-stores in the Southwest with revenue of $2.5 million.
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