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Article: Bevex Inc. Seeking Merger Business.
- Article from:
- Business Wire
- Article date:
- June 27, 2005
CopyrightCOPYRIGHT 2005 Business Wire. 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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SALT LAKE CITY -- The new president of Bevex Inc. (Pink Sheets: BVEX), Zane Holmberg, announced today the company has completed a current audit and 15c2-11 after several years of company inactivity. The new management has spent several months bringing the company back into good standing and is now reviewing candidates for a reverse merger. Holmberg is targeting NASDAQ-qualified companies for such a merger. He stated he is very optimistic a mutually beneficial merger will be arranged that is part of the effort to restore value to the shares.
Bevex was incorporated in 1982 and continues to be headquartered in Salt Lake City. Its beverage distribution operations were ...