BRIEF-MSI Bioscience acquires Jantar Development's 4,114,909 shares

Mon Feb 16, 2015 6:24am EST
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Feb 16 (Reuters) - Jantar Development SA :

* As a part of the reverse merger process, shareholders of MSI Bioscience Sp. z o.o. acquire 4,114,909 of the company's series D shares for 2 zlotys per share

* In turn, the company will acquire 100 percent of MSI Bioscience Sp. z o.o. for 8.23 million zlotys ($2.3 million)

* MSI Bioscience Sp. z o.o. is affiliated with Verisante Technology Inc

Source text for Eikon: For further details on the merger please see:

Further company coverage:

($1 = 3.6646 zlotys) (Gdynia Newsroom)