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Microcap & Penny Stocks : American International Industries Inc. OTC BB Symbol EDII

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To: Currency who wrote (663)7/13/1998 7:54:00 PM
From: jmt  Read Replies (1) of 4814
 
>>>>With the acquisition and debt restructuring (a very common practice in the business world), Intile becomes debt free.<<<

Been involved in a few acquisitions, and I am not familiar with this strategy. Is it similar to an unleveraged LBO.

Since it is "common practice", will you please list 5 companies other than EDII who have effected this strategy?

jmt
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