Homeland Security Capital Corporation Agrees to Sell Its Subsidiary, Safety
and Ecology Holdings Corporation, to Perma-Fix Environmental Services, Inc.
for $24.5 Million
ARLINGTON, Va.–(BUSINESS WIRE)– Homeland Security Capital Corporation (OTCBB: HOMS, Homeland or the Company), an international provider of specialized technology-based radiological, nuclear, environmental, disaster relief, electronic security solutions and domestic real estate disposition services to government and commercial customers, announced today that on July 15, 2011, it entered into a definitive agreement to sell all of the capital stock of its wholly-owned subsidiary, Safety and Ecology Holdings Corporation, to Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) for $24.5 million.[…]
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