Brief: Envirostar To Acquire Aadvantage Laundry Systems for $17 Mln

EVI Industries

11/12/2017 14:16

Dec 11 (Reuters) - Envirostar Inc  EVI.A : 
    * ENVIROSTAR INC TO ACQUIRE AADVANTAGE LAUNDRY SYSTEMS 
    * ENVIROSTAR INC - DEAL FOR FOR A COMBINED $17 MILLION TO 
BE PAID 
IN 50 PCT CASH AND 50 PCT EVI COMMON STOCK 
    * ENVIROSTAR INC - EXPECTS ADDITION OF AADVANTAGE TO BE 
ACCRETIVE 
TO ITS CURRENT FISCAL YEAR ENDED JUNE 30, 2018 
 
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