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Politics : Moneymade's Champagne Room -- Ignore unavailable to you. Want to Upgrade?


To: M0NEYMADE who wrote (2987)10/6/2005 10:10:21 AM
From: M0NEYMADE  Respond to of 4703
 
ALERT: speak of the devil IDWS news out

IDS Worldwide, Inc. Updates HLS Division Buyout Offers
Thursday October 6, 9:57 am ET

IDS Worldwide, Inc. -- Formerly Known as IDS Worldwide Solutions, Inc. -- Reviews Buyout Offers

ORLANDO, FL--(MARKET WIRE)--Oct 6, 2005 -- IDS Worldwide, Inc. (Other OTC:IDWS.PK - News) today announced that the Company has reviewed the previously announced two buyout offers for the Company's Homeland Security Division.
The value of both offers as presented to IDS are in the $35-40 Million range depending on various closing contingencies. IDS Board of Directors has requested both bidders to turn in their final offers by close of business October 7, 2005. IDS received an offer from a third bidder after yesterday's press release but the offer did not meet the value of the two offers previously under review. IDS Board of Directors will review both final offers during the weekend and announce the Board of Directors decision at the beginning of the coming week.

For further information: ids-worldwide.com and 995ad.com.