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Article: Aloak Corp. Announces Proposed Acquisition of Web Transaction Services, Inc.
- Article from:
- CCNMatthews Newswire
- Article date:
- June 1, 2006
CopyrightCopyright 2006 CCNMatthews Newswire. Provided by ProQuest LLC. (Hide copyright information)
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CALGARY, ALBERTA--(CCNMatthews - June 1, 2006) -
(Not for dissemination in the United States of America)
Aloak Corp. ("Aloak") (TSX VENTURE:AOK) is pleased to announce
that it has entered into a letter agreement dated May 31, 2006 (the
"Letter Agreement") with Web Transaction Services, Inc. ("WTS") of
Austin, Texas respecting a transaction in which Aloak will acquire
all of the issued and outstanding common shares of WTS. The
transaction is an arm's length transaction and is subject to the
policies of the TSX Venture Exchange.
About the Acquisition
The shareholders of WTS and Aloak have agreed that Aloak will
acquire all of the issued and outstanding common shares of WTS in
exchange for an ...
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