BeaconEquity.com announces the publication of an article covering Vista International’s acquisition of Electric Power Equipment Company.
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In the article the author writes:
“Vista International Inc., a leader in renewable energy technologies, announced the completion of its acquisition of Electric Power Equipment Company (EPECo) by Vista International, subsidiary Vista International Technologies Inc. (OTCBB: VVIT). The acquisition agreement for the manufacturer of test equipment and custom switchgear company was closed April 7, 2009, management of Vista International said in a news release.”
The acquisition entitles EPECo shareholders to shares of VVIT at $10 a share:
“The acquisition agreement was initially signed April 1, with the newly merged entity signed to form a “B” re-organization. A “B” re-organization stipulates an exchange of shares between the signatories, which in this case entitles EPECo shareholders to shares of VVIT at a share price of $10. Further details of the agreement were not disclosed.”
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Source: BeaconEquity.com
Beacon Equity Research
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