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Article: Charter Equities Expands Discussions with Acquisition Candidates.
- Article from:
- Business Wire
- Article date:
- September 26, 2007
CopyrightCOPYRIGHT 2007 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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GILBERT, Ariz. -- Charter Equities, Inc. (PinkSheets: CEQI) announced today that since the release of its Plan to consolidate RV dealerships and the recent acquisition of Saddleback Recreational Vehicles, Inc. www.saddlebackrv.com pursuant to that Plan, Charter continues to be contacted by suitable prospective sellers including further direct contact with a group in the Southwest with an aggregate of approximately $200,000,000 of annual sales revenues and a chain of thirteen stores in the Southeast also doing approximately $200,000,000 in annual sales.
"Discussions have progressed with a single point dealer in California to the point of a draft Letter of Intent ...