$HPIL Buyout News!! HPIL HOLDING Announces Corporate Buyout; Initiates Agreement
SANFORD, MI / ACCESSWIRE / March 8, 2018 / HPIL HOLDING (the ''Company'') (OTC PINK: HPIL) is a worldwide diversified holding company. HPIL Holding is focused on investing in both private and public companies in differing business sectors. HPIL Holding does not restrict its potential candidate target companies to any specific business, industry or geographical location and, thus, acquires various types of business. Also, HPIL Holding evaluates the acquisition of intellectual properties and technologies.
Corporate is pleased to announce that the company has received an offer from Telesun Technology to buyout HPIL HOLDING. The company is currently negotiating the terms of the agreement and plans to announce the finalization of the deal next week. Telesun Technology offered $0.01 a share for HPIL HOLDING.
HPIL HOLDING CEO STATEMENT:
Nitin Amersey, CEO, stated, ''We are excited about this buyout offer. We feel this offer will bring shareholders tremendous value.''
ABOUT TELESUN TECHNOLOGY:
TELESUN TECHNOLOGY, Limited, is a telecommunications equipment and multinational telecommunications equipment systems company based in Beijing, China. https://www.otcmarkets.com/stock/HPIL/news/story?e&id=1025610