Brief: Taoping Signs Letter Of Intent To Acquire 51 Pct Of Shenzhen Taoping New Media

Taoping

08/01/2019 13:56

Jan 8 (Reuters) - Taoping Inc  TAOP.O :
    * TAOP SIGNS LOI TO ACQUIRE 51% OF SHENZHEN TAOPING NEW
MEDIA CO.,
LTD.
    * TAOPING INC - PURCHASE PRICE WILL CONSIST OF A COMBINATION
OF
CASH AND ORDINARY SHARES OF TAOP
    * TAOPING INC - LOI WILL BE TERMINATED IF NO DEFINITIVE
AGREEMENTS
ARE ENTERED INTO WITH SIX MONTHS

Source text for Eikon:  ID:nGNXxmm27 
Further company coverage:  TAOP.O 

 ((Reuters.Briefs@thomsonreuters.com;))