Business Services & Equipment M&A » By The Online Investor Staff, updated Fri., Apr. 26, 10:11 AM
Recent mergers and acquisitions in the Business Services & Equipment M&A category.
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Slide #88. Produced Water Absorbents, Inc. — USA and Malaysia Assets of ProSep Inc.
Acquirer:
Produced Water Absorbents, Inc. (NYSE:TINY)
Acquiree:
USA and Malaysia Assets of ProSep Inc.
Details:
Harris & Harris Group, Inc. (Nasdaq:TINY), an early-stage, active investor in transformative companies, notes the announcement by portfolio company, Produced Water Absorbents, Inc. ("PWA"), that it has entered into an agreement to acquire the assets related to the global operations of oil and gas technology company, ProSep Inc., which has its main offices in the United States and Malaysia. ProSep designs, develops, manufactures and commercializes technologies to separate oil, water and gas. PWA is a technology company providing produced water treatment solutions and services to the oil and gas industry.
ProShares UltraPro Short QQQ is an open-end management investment company. The Fund seeks daily investment results, which corresponds to three times the inverse of the daily performance of the NASDAQ-100 Index (the Index). The Index includes 100 of the non-financial domestic and international issues listed on National Association of Securities Dealers Automated Quotation (NASDAQ) Stock Market. The Fund invests in derivatives. The Fund also invests in short-term cash instruments, which have a remaining maturity of 397 days or less. As of May 31 2018, the Fund's total assets and investment portfolio totaled $936,268,301 and $904,608,418, respectively.
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