Sounds like they now own part of ICOA or is it just a financal deal? When I see acquisition and management it makes me think they are in control. IMO
Pacer Health Corporation, a Miami-based firm specializing in the acquisition and management of financially distressed businesses announced today that it has completed a transaction with YA Global Investments, L.P., acquiring $11.7 million in convertible debentures. The transaction brings five additional companies into the Pacer portfolio and continues Pacer along its strategic path of diversifying into industries outside the healthcare arena.