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Thursday, December 23, 2010 4:19:51 PM
Is a Merger not different than an acquisition? Is a merger not the joining of multiple entities into one versus an acquisition which is one company buying another? Joint venture is two companies partnering together on a venture which is also different.
Is this just a wording error or am I reading to much into this?? Sorry, I am from the corporate world where terms have specific meanings.
PR states:
Joint Ventures and or Accretive Acquisitions:
The Company is in the final stage of merger negotiations with two private Wi-Fi providers as previously announced. One candidate has informed Icoa that it has cleared with its major investor to proceed with the merger and is preparing its financials for presentation and DD by the Icoa executives during the month of January 2011.The second candidate is preparing its financials for presentation to Icoa also during the same month. ICOA's management is familiar with their operations and anticipates that it can complete the DD rather quickly.
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