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An Update to Horne International's Agreement to Acquire Amata, Inc. (Business Wire)

yahoo.com
Jul 25, 2008
        
Story Timeline:  80 days

FAIRFAX, Va.--(BUSINESS WIRE)--Horne International, Inc. (OTCBB:HNIN - News ) announced today that it is continuing to pursue its acquisition of Amata, Inc. The Stock Purchase Agreement (SPA) entered into on January 23, 2008 between Horne and Amata requires Amata to fulfill certain closing conditions, including the collection of certain receivables from Pacific Texas Partners (PTP), Amata's largest customer. As of today, Amata has not fulfilled certain closing conditions, including the receipt of the PTP receivables. Under the SPA, any party not in breach of the SPA has the right, beginning June 30, 2008, to terminate the SPA. As of today, that right has not been exercised. If Amata's closing conditions cannot be met or satisfactorily resolved, Horne may elect to terminate the SPA. Horne's Board of Directors and management... [read full story]                    

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Latest article on this story:

An Update to Horne International´s Agreement to Acquire Amata, Inc.

 euroinvestor.co.uk Jul 25, 2008
First article on this story:

An Update to Horne International's Agreement to Acquire Amata, Inc.

 earthtimes.org Jul 25, 2008
Selected publications with coverage of this story:
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An Update to Horne International's Agreement to Acquire Amata, Inc.

finanznachrichten.de
Jul 25, 2008
        

Horne International, Inc. (OTCBB:HNIN) announced today that it is continuing to pursue its acquisition of Amata, Inc. The Stock Purchase Agreement (SPA) entered into on January 23, 2008 between Horne and Amata requires Amata to...

An Update to Horne International's Agreement to Acquire Amata, Inc.

earthtimes.org
Jul 25, 2008
        

FAIRFAX, Va. - Horne International, Inc. (OTCBB:HNIN) announced today that it is continuing to pursue its acquisition of Amata, Inc. The Stock Purchase Agreement (SPA) entered into on January 23, 2008 between Horne and Amata...