Marijuana Stocks M&A » By The Online Investor Staff, updated Thu., Apr. 25, 12:57 AM
Recent mergers and acquisitions in the Marijuana Stocks M&A category.
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Slide #15. Delta Entertainment Group — Grow Solutions, Inc.
Acquirer:
Delta Entertainment Group (DENG)
Acquiree:
Grow Solutions, Inc.
Details:
Delta Entertainment Group, Inc. (OTC Pink: DENG) (PINKSHEETS: DENG) ("DENG"), effective May 15, 2014, signed a letter of intent to acquire all of the issued and outstanding shares of common stock of Grow Solutions, Inc. ("Grow"). Grow is a developmental stage company that intends to lease equipment, distribute products and provide management services for grow operators in the Marijuana industry. At closing, DENG will issue Grow 51,000,000 shares of DENG common stock. Subject to an increase in DENG authorized capital, DENG will be required to issue Grow an additional 700,293,957 shares of common stock.
Grow Solutions, Inc.: PRIVATE
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