Brief: Taoping Signs Non-Binding Letter Of Intent To Acquire Yunti
Dec 9 (Reuters) - Taoping C3I.BE :
* TAOPING SIGNS NON-BINDING LETTER OF INTENT TO ACQUIRE
YUNTI;
TRANSFORMATIONAL ACQUISITION WOULD SUBSTANTIALLY IMPROVE
TAOPING'S ANNUAL REVENUE, EXPAND ITS ADDRESSABLE MARKET, AND
LEVERAGE ITS CURRENT PORTFOLIO
* TAOPING INC: YUNTI'S SHAREHOLDERS TO TRANSFER THEIR
OWNERSHIP
IN EXCHANGE FOR NEWLY ISSUED ORDINARY SHAREHOLDERS OF CO
Source text: ID:nPn80HcQra
Further company coverage: C3I.BE
((Reuters.Briefs@thomsonreuters.com;))