Wednesday, November 28, 2018 6:23:04 PM
8/16
We are currently in near-term negotiations involving new contracts, sources of financing and, for the first time, merger and acquisition opportunities – each of which could have a material effect on our capital structure and the strategic direction of our business. We expect to have clarity on some of these initiatives in the next several weeks.”
9/24
Verus can confirm that it is in very late stage discussions with two M&A candidates, one that would represent a line extension into existing markets; and a second that would create significant vertical integration opportunities and new facilities on two continents.
Due to the nature of multiple, very late-stage negotiations, the Company has decided to hold its investor call in coming weeks rather than immediately after this earnings release, so that these strategic initiatives can become part of the discussion.
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