Brief: Paragon ID Acquires Business, Assets Of Electronic Data Magnetics
Sept 24 (Reuters) - Paragon ID SA PID.PA :
* ACQUIRES BUSINESS AND ASSETS OF ELECTRONIC DATA MAGNETICS,
INC.
(IN CHAPTER 11), IN NORTH CAROLINA USA
* ACQUISITION WAS FINANCED ENTIRELY IN CASH, FROM EQUITY AND
FROM
SPECIFIC CREDIT LINES GRANTED BY PARAGON ID’S SHAREHOLDER
PARAGON GROUP
Source text for Eikon: ID:nACT71149
Further company coverage: PID.PA
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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