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I'rom Holdings Co Ltd to Acquire DNAVEC Corporation through Stock Swap

Friday, 25 Oct 2013 02:00am EDT 

I'rom Holdings Co Ltd announced that it has decided to fully acquire DNAVEC Corporation through stock swap. One share of DNAVEC Corporation's common stock will be exchanged with 0.95 shares of the Company' stock. The Company will use 852,245 shares of its stock in the acquisition. The effective date of the transaction is January 1, 2014. After this, DNAVEC Corporation will become a wholly owned subsidiary of the Company. 

Company Quote

29.0 +1.64%
31 Jul 2015