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Columbus Nova, Renova to Invest $65M in Ameritrans Capital (AMTC)

April 13, 2011 8:51 AM EDT Send to a Friend
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Ameritrans Capital (Nasdaq: AMTC) announces an affiliate of Columbus Nova, LLC, Renova US Holdings, Ltd. will purchase a majority stake in Ameritrans Capital Corp. as part of a $65 million equity investment plan.

The company said Renova will own about 80.3% of the adj-common equity.




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Comments

Does this look good to an outsider stockholder
Bernard Etra on 2012-02-15 11:50:49
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with legal&accounting fees adding up to total income,and in addition interest expense alone, nearing total income,President Obamas budget looks like a winner.


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