Blank Check IPOs (SPACS) Message Board

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Technology Stocks : Blank Check IPOs (SPACS)

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To: Glenn Petersen who wrote (985)	8/11/2008 8:18:27 AM
From: Glenn Petersen	Read Replies (1) of 3862

Trana-India Acquisition (stock symbol: [t]TIL[/t]), which raised $92 million when it went public in February 2007, has announced that it has signed a letter of intent to acquire an operating entity in India. No other details were announced. Trans-India Acquisition Corporation Announces Letter of Intent Thursday August 7, 2:45 pm ET CHICAGO--(BUSINESS WIRE)--Trans-India Acquisition Corporation (AMEX: TIL - News) announced today that it has entered into an exclusive non-binding letter of intent relating to a business combination. The target is a company with business operations primarily in India. The Company will make an additional announcement once it has entered into a definitive agreement to complete a business combination. Pursuant to the Company’s Amended and Restated Certificate of Incorporation, the execution of the letter of intent affords the Company a six-month extension for completion of a business combination, until February 14, 2009. <snip> biz.yahoo.com

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