Zitat:" Body & Mind Inc. (“BAM”) announces LOI with Friday Night Inc. to Acquire BAM in All-Stock Transaction Valued at CAD $115 Million (NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S..... British Columbia, Dec. 21, 2017 (GLOBE NEWSWIRE) -- Body and Mind Inc. (CSE:BAMM) (OTC:BMMJ), (the “Company” or “BAM”) and Friday Night Inc. (“Friday Night” or “TGIF”) (CSE:TGIF) (FWB:1QF) (OTCQB:TGIFF) are pleased to announce an all-stock acquisition valuing BAM at approximately CAD $115,000,000 based on the recent closing price of Friday Night. Transaction highlights:.... Merger is expected to be immediately accretive to cash flow; With approximately 130,000 square feet of facility projects under development, will make Mergeco among the largest cultivation and production companies in Nevada;
Per unit costs to become among the lowest in Nevada due to economies of scale;
Enhanced product lines will better service clientele; Increased product volumes will warrant investment that drives efficiencies such as packaging systems, extraction, dosing, testing, distribution and marketing; and Purchase price represents an approximate 50% premium over BAM’s recent closing price, on a fully diluted basis... " ENDE Zitat
Quelle:http://www.stockhouse.com/companies/...bol=c.tgif&postid=27203156
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