gail's .0001-.0002 flippers

[learner1156]

SEVO acquired by STI Group.

I am assuming this Systems Evolution is the same one with the symbol SEVO, based on the earlier post about SEVO being sold to STI group.

http://money.cnn.com/news/deals/mergers/reports/1243450020.html

Systems Evolution Inc-Software Dvlp & Managed Network Support Svcs Bus &
STI Group Inc Update Date: 01/20/09
Date Announced: 12/31/08
Value (million $USD): 2.9 million U.S. Dollar

Status: Completed

TRANSACTION DETAILS
Date Announced 12/31/08
Date Originally Announced 01/16/09
Format Acq. of Assets Acquisition techniques Not Applicable
Attitude Friendly Agency n/a
Value 2.9 million U.S. Dollar Advisor Fees n/a

SYNOPSIS
US - STI Group Inc acquired the software development and managed network support services business of Systems Evolution Inc, a provider of computer consulting services, in exchange for the assumption of $2.885 mil in liabilities.

TARGET
Name Systems Evolution Inc-Software Dvlp & Managed Network Support Svcs Bus
Industries Computer related services,nec
City n/a
State TX
Nation United States
Incorporated in n/a
Public Status Subsidiary
Business Description The software development and managed network support services business of Systems Evolution Inc.
Advisors NULL
Target Sales n/a
ACQUIROR
Name STI Group Inc (SPG)
Industries Printed circuit boards
City Stamford
State CT
Nation United States
Incorporated in DE
Public Status Public
Business Description Manufacture electronic capacitors, resistors, semiconductors, integrated circuits, and related products
Advisors NULL
Acquiror Sales 1.17 billion U.S. Dollar