Sports Resorts International, Inc. Announces Acquisition By Sports Resorts Acquisition Corporation
08 Mayo 2006 - 10:13AM
PR Newswire (US)
OWOSSO, Mich., May 8 /PRNewswire-FirstCall/ -- Sports Resorts
International, Inc. (the "Company") (OTC:SPRI) (BULLETIN BOARD:
SPRI) today announced the completion of the acquisition of the
Company by Sports Resorts Acquisition Corporation effective April
26, 2006. As a result of the acquisition, shares of the outstanding
common stock of the Company held by shareholders on the effective
date of the acquisition were converted into the right to receive
$1.00 per share, net to seller in cash. Sports Resorts Acquisition
Corporation is owned by Donald J. Williamson and members of his
family. It is expected that the Company through its wholly-owned
subsidiaries will continue to manufacture and market high-quality
drop-in bedliners and other truck accessories for the original
equipment manufacturers and automotive aftermarket business and
operate a multi-purpose motor-sports facility located near
Brainerd, Minn. For further information contact Investor Relations
at 989-725-8354. DATASOURCE: Sports Resorts International, Inc.
CONTACT: Greg Strzynski of Sports Resorts International, Inc.,
+1-989-725-8354
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