Article: Nannaco Acquisition Target, Red Alert Group, Signs Letter of Intent to Acquire Red Alert Petroleum.

Nannaco, Inc. (BULLETIN BOARD: NNCO) , which announced on March 29 that it has entered into a letter of intent to acquire Red Alert Group, Inc., today announced that Red Alert Group has signed a letter of intent to acquire Red Alert Petroleum BV.

Red Alert Petroleum serves as a broker of oil and related commodities. Red Alert Petroleum has represented to Nannaco and Red Alert Group, Inc., that RAP currently has a contract in place with the Iraqi State Oil Marketing Organization for the delivery of SN-150 Base Oil.

Separately, Red Alert Group has represented to Nannaco that Red Alert Group has also entered into an agreement with Arab Trading and ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!