News Focus
News Focus
Followers 13
Posts 2116
Boards Moderated 0
Alias Born 07/21/2006

Re: SSP post# 159055

Friday, 11/30/2007 12:33:34 PM

Friday, November 30, 2007 12:33:34 PM

Post# of 286908
RUNI
-Reunion Industries, Inc. (Pink Sheets:RUNI - News) announced today that it has entered into an Asset Purchase Agreement to sell the business and substantially all of the assets and operating liabilities of its CP Industries division to CPI Industries, Inc. for consideration, subject to adjustment, of $56 million to be paid at closing and $2 million in deferred payments. The sale is scheduled to close on December 15, 2007, subject to the satisfaction of certain conditions precedent.

VERY VERY CLEVER ..but a buy here ? 42 million debt ..

Everything I say or post is my opinion. I am not your advisor, fiduciary or counselor. Make your own decisions irrespective of whatever I may say or post.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today