Under terms of the agreement, Aero Performance Products will purchase all of the issued and outstanding shares of Jones Exhaust Systems including its manufacturing and real estate assets. The purchase is being financed with the participation of an investment banking firm, and Aero plans to announce details of its investment banking relationship in the next several days.
To Purchase means to "LAY DOWN THE MONEY"
The combined company offers customers a wide range of quality products; provides channel partners with a complete line, worldwide distribution and manufacturing capabilities; and delivers shareholders improved fundamentals, substantial revenues, attractive earnings, quality management, and a plan for growth. The management and operations of Jones Exhaust will remain untouched during the merger and for the foreseeable future.”
This states to me that the Owners of Jones have bought into the Merger, thus Laying down the money towards future growth.
Seems Very clear to me in writing, However it is the Excitment behind the words that gives me upbeat to the future of AERO. JMHO
Just wanted to make sure you had an Explanation to my thought process.
Bobby