"On December 12, 2006, Franchise Capital Corporation announced that it had entered into a preliminary agreement to purchase all of the issued and outstanding shares of Aero Exhaust. The company is currently conducting its due diligence and expects to announce a definitive agreement with Aero Exhaust within the next 30 days."
well...maybe not...it is worded kind of funny...I suppose that they expect to reach an agreement 30 days from the date of the PR...so yeah, I guess that Dec. 18th is right...