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Article: CET Services and ZOI Interactive Technologies Sign Definitive Merger Agreements.
- Article from:
- PR Newswire
- Article date:
- February 20, 2007
CopyrightCOPYRIGHT 2007 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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CENTENNIAL, Colo., Feb. 20 /PRNewswire-FirstCall/ -- CET Services, Inc. today announced it has entered into a definitive agreement to merge with ZOI Interactive Technologies, Inc. ("ZOI") of Nashville, TN.
Steven Davis, CEO of CET, stated, "We believe this transaction has tremendous potential to add long-term value to our shareholders. We look forward to working closely with ZOI to complete the merger as soon as practicable." In connection with the merger, CET expects to phase out its historical property development activities over a yet undetermined period of time.
"We believe this merger will benefit both ZOI's and CET's shareholders," noted ZOI ...