Brief: Black Lion says enters LOI for acquisition of Thomson Power

Odd Burger

08/08/2016 21:56

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:  ID:nCCN2yp5Jm  
Further company coverage:  BLCp.V  
 
 ((Bangalore.newsroom@thomsonreuters.com;))