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Technology Stocks : Blank Check IPOs (SPACS)

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To: Glenn Petersen who wrote (731)6/26/2008 10:41:53 AM
From: Glenn Petersen  Read Replies (1) of 3862
 
Transforma Acquisition (stock symbol: [t]TAQ[/t]), which raised $100 million when it went public in December 2006, has announced that it has qualified for an extension of the time in which it must complete an acquisition. No other details were released.

Transforma Acquisition Group Inc. Announces Fulfillment of Condition for Extension of Time to Complete Its Initial Business Combination

Thursday June 26, 8:00 am ET

NEW YORK--(BUSINESS WIRE)--Transforma Acquisition Group Inc. (AMEX: TAQ - News, TAQ.U - News, TAQ.WS - News) (“Transforma”) announced today that it has satisfied the criteria under its certificate of incorporation that allow for an extension of time to complete its initial business combination. Transforma must now complete its initial business combination by December 26, 2008.

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biz.yahoo.com
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