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Bonal International, Inc. Accepts Proposed Merger

2013-02-08 06:00:00| Industrial Newsroom - All News for Today

ROYAL OAK, Mich. - Bonal International, Inc. (OTC: BONL) announced Friday that its board of directors, on February 1, 2013, unanimously approved an agreement and plan of merger with DePierre Management & Manufacturing, LLC and its newly formed, wholly-owned subsidiary, DMM Acquisition Corporation. Pursuant to the agreement and plan of merger, DiPierre Management & Manufacturing will acquire 100% ownership of Bonal International, Inc. In exchange, the current company stockholders will receive ...

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