Article: BRAINERD INTERNATIONAL SHAREHOLDERS APPROVE ACQUISITION

MINNEAPOLIS, Nov. 21 /PRNewswire/ -- Brainerd International, Inc. (Nasdaq: BIRI) announced today the company's shareholders, at its annual meeting, approved the acquisition of The Colonel's, Inc. in exchange for the issuance of 23,500,000 shares of common stock of Brainerd International, Inc.

The shareholders approved the reincorporation under the laws of the state of Michigan, which will result in a change of the corporation's name to The Colonel's International, Inc. and the authorization of additional shares of capital stock for the corporation.

The shareholders also approved the transfer of Brainerd International Raceway to a separate wholly owned ...






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