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Provider: Wright Reports
Provider: Thomson Reuters Stock Report

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Alconix Corp to Establish New Wholly Owned Holding Company; to Fully Acquire Univertical Companies

Thursday, 29 Nov 2012 02:30am EST 

Alconix Corp announced that it will establish a new wholly owned holding company, UNIVERTICAL HOLDINGS INC., which will be engaged in the manufacturing and sale of nonferrous metals and related businesses in America effective November 30, 2012. After that, UNIVERTICAL HOLDINGS INC. will purchase 72,536 shares of Univertical Companies, at the price of USD 77.5 million, in December 2012. UNIVERTICAL HOLDINGS will hold a 100% stake in the Univertical Companies. 

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-12.0 -0.79%
28 Aug 2014