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Re: THEGOOGLE5 post# 8042

Tuesday, 07/30/2013 11:22:00 PM

Tuesday, July 30, 2013 11:22:00 PM

Post# of 100700
March PR was a commitment for funding from LIGA. Today's news was specific to what the funding would be purchasing. This is standard in acquisitions. They aren't naming the acquisition because it is a successful family owned business. While they generate a really good revenue the are still technically a small business. If word was out that the were selling it could significantly impact business if employees felt their jobs were on the line. If they lost their pit master(s)they could potentially blow the deal. Therefore, the company being acquired does not want to be named until the deal is final.