TGL WHAAAAAAAT! Alerts, thoughts, discussion. Message Board

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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: SSP who wrote (11024)	10/5/1999 1:28:00 PM
From: Israel	Read Replies (2) of 150070

REIC accepts the 1.80 buyout offer.. stock trading at .3125 Tuesday October 5, 1:04 pm Eastern Time Company Press Release REII Inc. Accepts Offer in Principle From Claremont Holdings Ltd. NAPLES, Fla.--(BUSINESS WIRE)--Oct. 5, 1999--REII Inc. (OTC BB:REIC), a Naples based firm, has agreed in principle to accept the tender offer proposed by Claremont Holdings Ltd., a private investment company, to purchase all the outstanding shares. The terms of the deal were $8 million or $1.80 per share. No other terms of the agreement were disclosed.

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