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Article: Xynergy Corporation and Global Leisure Corp. Sign Letter of Intent.
- Article from:
- PR Newswire
- Article date:
- February 11, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Xynergy Corporation (BULLETIN BOARD: XYNY) today announces the signing of a Letter of Intent to merge with Global Leisure Corp. Global Leisure Corp. is a New Jersey based-Delaware Corporation specializing in the acquisition and operation of Japanese gaming centers. "The merger with Xynergy Corporation and Global Leisure Corp. enables the execution of Global Leisures' business and strategic plan; principally to bring the highly lucrative Japanese gaming industry to the US capital markets" says Michael Kang, Chairman & CEO of Global Leisure.
Xynergy Corporation CEO, Raquel Zepeda added, "We have been seeking to merge with a substantial company with tremendous ...