Marijuana Stocks M&A » By The Online Investor Staff, updated Fri., Apr. 26, 11:55 AM
Recent mergers and acquisitions in the Marijuana Stocks M&A category.
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Slide #68. Nuvilex, Inc. — Assets of SG Austria
Acquirer:
Nuvilex, Inc. (NVLX)
Acquiree:
Assets of SG Austria
Details:
Nuvilex, Inc. (OTCQB: NVLX) became a much more valuable company in July when it closed a deal it was fully prepared to pay a great deal more money for, but while it spent far fewer dollars, the assets it purchased could prove to fetch a price tag exponentially greater than the $1.5 million the company paid. In addition, Nuvilex originally set aside 100 million of its common shares to negotiate a deal to purchase all of the assets of SG Austria to own those that it wanted; at today's prices the company would have paid close to $20 million versus the $1.5 million it did pay and was able to retain the 100 million shares in doing so.
Assets of SG Austria: PRIVATE
