Brief: FG Nexus Announces Agreement to Sell FG Reinsurance Division to Devondale Holdings, Led by Tom Heise
Oct 23 (Reuters) - Fg Nexus Inc FGNX.O: FG NEXUS ANNOUNCES AGREEMENT TO SELL FG REINSURANCE DIVISION TO DEVONDALE HOLDINGS, LED BY TOM HEISE FG NEXUS INC - THROUG DEAL TO RECEIVE $3.0 MILLION CASH, A $1.25 MILLION NOTE AND 40% EQUITY IN DEVONDALE Source text: ID:nGNX6YMCkL Further company coverage: FGNX.O ((Reuters.Briefs@thomsonreuters.com;))
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Brief: Fg Nexus Announces Formation Of Special Committee To Evaluate Strategic Alternatives Including A Potential Business Combination To Build A Leading Platform In Affordable Housing
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