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Capstone Financial Group Inc to invest $57 mln in Twinlab Consolidation Corp


Thursday, 12 Jun 2014 09:00am EDT 

Capstone Financial Group Inc:Agrees to invest $57 million in Twinlab Consolidation Corporation through a private offering.Says three year agreement struck between the two companies allows Capstone to purchase shares of Twinlab Consolidation Corporation common stock directly and provides for the purchase of additional shares of common stock through the exercise of warrants during that time.Under the agreement, Capstone's total investment in Twinlab Consolidation Corporation equals $57 million in cash and represents an ownership stake of just over 38 percent. 

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