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MURC
Murdock Communications Corporation Announces Agreement and Plan Of Reorganization With Informed Care, Inc. and HomeTown Info, Inc.
MONDAY, AUGUST 13, 2001 7:30 AM
- PRNewswire
CEDAR RAPIDS, Iowa, Aug 13, 2001 /PRNewswire via COMTEX/ -- Murdock Communications Corporation (OTC:MURC) (the "Company", "Murdock" or "MCC") announced today that an Agreement and Plan of Reorganization ("the Agreement") with Informed Care Inc., a privately owned Florida Corporation ("ICI") and HomeTown Info, Inc. d/b/a Grocery Shopping Network, a privately owned Minnesota Corporation ("HII") (collectively the "Companies") became effective.
Under the terms of the Agreement, ICI will acquire 41.00 % ownership of Murdock and HII will acquire 29.00% ownership of the Company in exchange for all the issued and outstanding shares of ICI and HII respectively. ICI and HII will become wholly-owned subsidiaries of MCC after the completion of the exchange. MCC shareholders will retain a 30% ownership in the new combined entity and, in addition, MCC warrantholders will retain their warrants to purchase shares in the new combined entity.
Murdock Communications Corporation is a public company headquartered in Cedar Rapids, Iowa which currently operates as a holding company. Informed Care uses Technology Assisted Care to provide nurse case management services to patients with long term chronic illnesses such as diabetes and HIV/AIDS. HomeTown Info Inc. is a web based order and fulfillment company providing pharmacy, supplies and other products to ICI`s patients and the grocery and supermarket industry.
Completion of the proposed combination transaction is subject to a number of significant conditions, including approval by the stockholders of the parties, filings with the Securities and Exchange Commission, conversion of MCC indebtedness, negotiation with trade creditors, obtaining interim financing by the Company and other closing conditions.
Readers are encouraged to refer to MCC`s 8-K Current Report which the Company expects to file no later than August 17, 2001.
Tja da übernehmen 2 Firmen eine marode Communications Bude und schon ist es passiert!
morchel
http://www.zockstocks.com
Murdock Communications Corporation Announces Agreement and Plan Of Reorganization With Informed Care, Inc. and HomeTown Info, Inc.
MONDAY, AUGUST 13, 2001 7:30 AM
- PRNewswire
CEDAR RAPIDS, Iowa, Aug 13, 2001 /PRNewswire via COMTEX/ -- Murdock Communications Corporation (OTC:MURC) (the "Company", "Murdock" or "MCC") announced today that an Agreement and Plan of Reorganization ("the Agreement") with Informed Care Inc., a privately owned Florida Corporation ("ICI") and HomeTown Info, Inc. d/b/a Grocery Shopping Network, a privately owned Minnesota Corporation ("HII") (collectively the "Companies") became effective.
Under the terms of the Agreement, ICI will acquire 41.00 % ownership of Murdock and HII will acquire 29.00% ownership of the Company in exchange for all the issued and outstanding shares of ICI and HII respectively. ICI and HII will become wholly-owned subsidiaries of MCC after the completion of the exchange. MCC shareholders will retain a 30% ownership in the new combined entity and, in addition, MCC warrantholders will retain their warrants to purchase shares in the new combined entity.
Murdock Communications Corporation is a public company headquartered in Cedar Rapids, Iowa which currently operates as a holding company. Informed Care uses Technology Assisted Care to provide nurse case management services to patients with long term chronic illnesses such as diabetes and HIV/AIDS. HomeTown Info Inc. is a web based order and fulfillment company providing pharmacy, supplies and other products to ICI`s patients and the grocery and supermarket industry.
Completion of the proposed combination transaction is subject to a number of significant conditions, including approval by the stockholders of the parties, filings with the Securities and Exchange Commission, conversion of MCC indebtedness, negotiation with trade creditors, obtaining interim financing by the Company and other closing conditions.
Readers are encouraged to refer to MCC`s 8-K Current Report which the Company expects to file no later than August 17, 2001.
Tja da übernehmen 2 Firmen eine marode Communications Bude und schon ist es passiert!
morchel
http://www.zockstocks.com
Wenn ich mir den Chart ansehe, dann waren die schon mit 600% im Rennen!
So eine Nase müsste man habe, wow!!!
error6
So eine Nase müsste man habe, wow!!!
error6
....und nochmal 90%
morchel
morchel
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