Looks like the short-lived calm at MAI Basic Four Inc after it was dismembered by Asher Edelman will be short-lived: the Tustin, California company says that Bennett LeBow – now with much bigger fish to fry at Western Union Corp – and William Weksel, who together control 60% of the shares, want to sell out: they have asked the company to develop a programme to accomplish the sale in the best interests of company and all shareholders: the news was good for a $3.875 leap in the share price to $19.
This article is from the CBROnline archive: some formatting and images may not be present.
CBR Staff Writer
CBR Online legacy content.
Join our newsletter
Industry leading data and analysis for the FDI community
Close