Message #89 From:
QualityStocks Date: April 27, 2007 12:05:21 PM
Parent company of SSWM Prepares to Acquire Transportation Company
U.S. Microbics is looking to expand their customer base by
acquiring a company that supplies, markets, and delivers environmental
materials in the Southwestern U.S.
marketplace. The letter of intent filed by the company includes the procedures,
time frames, roles and responsibilities of both parties in the acquisition.
The CEO of U.S. Microbics, Robert Brehm, commented that the
transaction will offer the company greater flexibility and access to growth
capital. This new acquisition will provide U.S. Microbics with new
opportunities for growth in the transportation industry while assisting them
with projects planned in Mexico.
The CEO is excited to have this new opportunity and stated
that the new acquisition could add strength to their explosive revenue growth.
The company is currently working with investment bankers to finance the
transaction using both debt and equity. It hopes to complete the acquisition
before September 30.
