Here's the PR:
Press Release Source: Doll Technology Group, Inc.
Doll Technology Group, Inc. Announces Merger Agreement with Southland Holding Corp. and Name Change to AEi Transportation Holdings, Inc.
Friday November 2, 5:07 pm ET
SEATTLE--(BUSINESS WIRE)--Doll Technology Group, Inc. (Pink Sheets:DTGP)(“Doll” or the “Company”) today announced it has entered into a merger agreement with Southland Holding Corp., an aviation and transportation services company (“Southland”). The agreement is expected to close on November 6, 2007. The merger with Southland is part of the Company’s plans to reposition itself in the transportation sector.
ADVERTISEMENT
The Company also announced a name change to AEi Transportation Holdings, Inc. (AEiT) and anticipates a new trading symbol shortly.
AEiT management and industry analysis support the aviation industry’s current emphasis on high margin and profitable "niche operations" in the service side that fill transportation voids and have the potential to yield highly successful operations. Management believes that the new name of the Company is indicative of the Company’s transition into this growing area of the transportation industry.
Doll recently announced successful and continuing efforts in its debt reduction program and that the Company had identified a potential merger candidate in the transportation sector.
Forward-Looking Statements
This release contains 'forward-looking statements' within the meaning of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be 'forward-looking statements.' Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated.
Contact:
For Doll Technology Group, Inc./AEi Transportation
Holdings, Inc.
Media & Investor Relations:
Joseph J. Malone, 786-375-0556
Information@EquityDigest.com
www.EquityDigest.com
--------------------------------------------------------------------------------
Source: Doll Technology Group, Inc.
