From Raymond Brown: “This was an all-cash pu
Post# of 3400
Posted On: 10/02/2012 2:09:33 PM
From Raymond Brown:
“This was an all-cash purchase of 100% of the equity interest in Master Lease. No shares were issued, nor will be issued in association with this deal,“ said Raymond T. Brown, Chairman of E1. “Just so there is no confusion by the market or our shareholders, there are no stock or option conversion features as part of the deal, nor any associated with our credit facility. It was a pure cash deal for a great addition to the E1 business model.”
“This was an all-cash purchase of 100% of the equity interest in Master Lease. No shares were issued, nor will be issued in association with this deal,“ said Raymond T. Brown, Chairman of E1. “Just so there is no confusion by the market or our shareholders, there are no stock or option conversion features as part of the deal, nor any associated with our credit facility. It was a pure cash deal for a great addition to the E1 business model.”
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