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bbarry

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bbarry

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Tuesday, 07/26/2011 9:24:14 AM

Tuesday, July 26, 2011 9:24:14 AM

Post# of 151
CADC Halted, Privatization offer @ $2.65 Per Share Cash

09:15 AM EDT, 07/26/2011 (MidnightTrader) -- China Advanced Construction Materials (CADC:$2.30,00$0.28,0013.86%) is halted. The company says its Board of Directors has received a preliminary, non-binding offer from its Chairman and Chief Executive Officer, Xianfu Han and Weili He, Vice Chairman and Chief Operating Officer, to acquire the company for $2.65 per share in cash.
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