NIS Holdings (NISC) announced buyout offer for the controlling percentage on its holdings. Play smart this promotion!
NIS Holdings Receives All Cash Buyout Offer at 18 Cents per Share by Global Stock Investments Ltd.
NEW YORK, NY–(Marketwire -08/08/11)- NIS Holdings Corp. (OTCQB: NISC.PK) (Pinksheets: NISC.PK), is pleased to announce that it has received a. 18 per share all cash buyout offer by Global Stock Investments Ltd. which expressed this way its desire to have a controlling percentage on NIS Holdings. This comes as a follow up to the equity facility agreement referred to in our previous announcement on June 21st. The Board will consider its options to maximize shareholders’ value, and will provide further updates within the next few days.[…]
NIS Holdings, Inc. is a holding company registered in Reno, Nevada and headquartered in New York City. The Company specializes in the acquisition of firms in profitable markets with high-potential and capable of achieving sustainable growth. NIS Holdings provides professional support for its consolidated subsidiaries including experienced operations managers, senior level executive leaders, and financial specialists. Through experienced strategic assessment and proven execution strategies, NIS Holdings can produce measurable results by harnessing the extensive expertise of its international management team. NIS Holdings’ initial investments include ventures in emerging consumer loyalty technologies (Alpha Dynamic Group, Inc.) and cutting-edge gift card processing solutions (Alpha Card Technology, Inc.)