Brief: Grove Inc - Planning Entry Into Nutraceuticals With Vitamedica Agreement

Upexi

30/06/2021 13:12

June 30 (Reuters) - Grove Inc  GRVI.O :
    * GROVE INC - NON-BINDING LETTER OF INTENT TO ACQUIRE
VITAMEDICA
    * GROVE INC - PARTIES PLAN TO NEGOTIATE IN GOOD FAITH A
DEFINITIVE
BINDING AGREEMENT OVER NEXT 30 DAYS
    * GROVE INC - IF ACQUISITION DOES ULTIMATELY CLOSE, IT WILL
BE
IMMEDIATELY ACCRETIVE TO GROVE, BEING BOTH TOP LINE AND NET
INCOME POSITIVE FOR COMPANY.

Source text for Eikon:  ID:nGNX4VGq6Q 
Further company coverage:  GRVI.O 

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