Thresher Industries (THRR)
March 16, 2010 11:30 EST Is The Launch Time for THRR!
XS staff had the pleasure of speaking to the board of THRR
on various subjects but one pressing matter for us was,
"When will the complete announcement be done?"
THRR responded that they will be releasing news today at 11:30 EST.
Stay tuned as we continue to bring you the latest and greatest breaking
news on THRR.
For Constant News Updates on Thresher Industries
Click Here
Thresher Industries (THRR) Breaking News
Thresher Industries Board of DirectorsApproves Sale of Company
HANFORD, Calif., March 15 -- Subsequent to a special meeting of the Board of Directors of Thresher Industries (THRR), it was announced today that the proposed offer to sell the company was approved. As previously reported, Thresher Industries received a letter of intent to buy their company on March 9, 2010. In the opinion of the members of the board this offer represents an extremely attractive package with a suggested settlement that is significantly above the current market price range. Corporate attorneys for Thresher Industries will report to the board members no later than March 16th as to whether a meeting of the shareholders will be required. The Board of Directors will recommend to the shareholders that they accept and ratify the sale. The details of this offer will be announced on Tuesday, March 16th 2010.
For Complete Disclaimer, please click here
