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Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange)
ECX 1.850+5.7%Nov 28 9:30 AM EST

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To: Harry_Behemoth who wrote (1266)12/15/1997 8:28:00 PM
From: Quad Sevens  Read Replies (1) of 2841
 
<<< Michael E. McGinnis, Chairman, President & CEO of American Eco Corporation announced the purchase of 100 percent of the shares of CCG Commercial Group, Inc., and DBA Specialty Maintenance Group Inc., (''CCG'') of Dallas, Texas. The acquisition was completed in exchange for 210,000 shares of American Eco >>>

The wording makes it sound as if this is the final installment in the acquistion. Why do they say "100 percent" and "was completed"? This is the only thing I can think of to explain why a company that can generate 50 MM a year in revenue (expected) was bought for 2.1 million.

Wade
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