AUTO - good valued co.in recession free industry Message Board

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Microcap & Penny Stocks : AUTO - good valued co.in recession free industry

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From: Glenn Petersen	3/3/2013 9:05:54 PM
	of 205

8:04AM AutoInfo announces agreement to be acquired by AutoInfo Holdings, a subsidiary of Comvest Partners, for $1.05/share in cash ( AUTO) 0.98 : Co announced that it has entered into a merger agreement with AutoInfo Holdings, LLC, a subsidiary of Comvest Investment Partners IV, L.P., one of the investment funds managed by Comvest Partners ("Comvest"), pursuant to which Comvest has agreed to acquire the Co for $1.05 per share in cash, which represents a 7% premium to the Co's closing share price on February 28, 2013 and a 21% premium to the Company's average closing share price for the six month period ending February 28, 2013. The press release: finance.yahoo.com

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