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Article: 9278 Communications, Inc. Announces Merger Agreement with NTSE Holding Corp.
- Article from:
- Business Wire
- Article date:
- February 3, 2003
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Business/High Tech Editors
NEW YORK--(BUSINESS WIRE)--Feb. 3, 2003
9278 Communications, Inc. ("NTSE") has announced today that it has entered into a Merger Agreement dated January 31, 2003 with NTSE Holding Corp. a corporation wholly owned by Sajid Kapadia, the Chairman, Chief Executive Officer and Principal Stockholder of 9278 Communications, which will result in 9278 Communications becoming a privately held corporation, owned by NTSE Holding Corp.
Pursuant to this agreement, all of the outstanding shares of 9278 Communications will be cancelled and existing stockholders will receive a cash payment of $.10 per share. The transaction is subject ...