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EQM Technologies & Energy Inc enters into memorandum of understanding with Sullivan International Group regarding potential merger

Tuesday, 21 Jan 2014 04:07pm EST 

EQM Technologies & Energy Inc:Says it has entered into a memorandum of understanding with Sullivan International Group, Inc (Sullivan) regarding a potential merger of EQM and Sullivan.Says the MOU, which is non-binding and subject to the satisfactory completion of a mutual due diligence review, provides that EQM and Sullivan will negotiate and enter into a merger agreement pursuant to which Sullivan would merge with and into a subsidiary of EQM. 

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