Dec 5 (Reuters) - Senior Connect Acquisition Corp I
SNRH.O :
* SENIOR CONNECT ACQUISITION CORP I - HAS ENTERED INTO
NON-BINDING
LETTER OF INTENT FOR BUSINESS COMBINATION WITH AVELLINO LAB USA,
INC
* SENIOR CONNECT ACQUISITION CORP I - UNDER TERMS OF LOI,
CO,
AVELLINO WOULD BECOME COMBINED ENTITY
* SENIOR CONNECT ACQUISITION CORP I-UNDER TERMS OF
LOI,AVELLINO’S
EXISTING EQUITYHOLDERS TO EXCHANGE SHARES IN AVELLINO FOR EQUITY
IN COMBINED PUBLIC CO
* SENIOR CONNECT ACQUISITION CORP I - EXPECTS TO ANNOUNCE
ADDITIONAL DETAILS OF PROPOSED BUSINESS COMBINATION WHEN
DEFINITIVE AGREEMENT IS EXECUTED
Further company coverage: SNRH.O
((Reuters.Briefs@thomsonreuters.com;;))