ECFL Submits the Formal ''Terms of the Merger'' After Final Negotiations End
DALLAS, Dec 06, 2006 (BUSINESS WIRE) -- eCarfly, Inc. (Pink Sheets:ECFL) announced today that negotiations are finalized and the "Terms of the Merger" have been submitted. Both companies agree that the actual Plan of Merger should be signed very soon due to the fact that negotiations ended without controversy.
"I am very excited that we can now begin to focus on real business instead of the continued battles in the board room. Being able to transition past the negotiation stage this early in the process gives me confidence that this merger will continue on track without delays," stated eCarfly's CEO Desmond Milligan
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