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

April 13, 2011 8:51 AM EDT Send to a Friend
Get Alerts AMTC Hot Sheet
Trade AMTC Now!
Join SI Premium – FREE
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.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Equity Offerings, Mergers and Acquisitions, Trading Halts

Comments

Does this look good to an outsider stockholder
Bernard Etra on 2012-02-15 11:50:49
Mark as Spam | Reply to this comment

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.


Add Your Comment