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Medigen Biotechnology Corp Announces Updates on Acquisition of Stake in Winston Medical Supply Co., Ltd through Stock Swap


Sunday, 10 Nov 2013 07:48pm EST 

Medigen Biotechnology Corp announced that it will acquire a 67.92% stake in Winston Medical Supply Co., Ltd through stock swap. The Company will issue 2,000,000 new shares to acquire the stake in Winston Medical Supply Co., Ltd. Nine shares of Winston Medical's common stock can be exchanged into one share of the Company's common stock. After the transaction, Winston Medical will become a subsidiary of the Company in January 2014. 

Company Quote

181.5
3.0 +1.68%
19 Sep 2014