BRIEF-Black Lion says enters LOI for acquisition of Thomson Power

Mon Aug 8, 2016 6:18pm EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

Aug 8 (Reuters) - Black Lion Capital Corp

* In connection with transaction, company will change its name to "thomson power inc"

* Black lion will acquire all of issued and outstanding shares of thomson ( "thomson shares") by way of a share exchange

* Entered into loi for acquisition of thomson power; transaction is not expected to be subject to approval of black lion shareholders

* Share exchange for shares of black lion on a one-for-one basis, subject to a maximum of 27,000,000 thomson shares Source text for Eikon: Further company coverage: