Charles & Colvard Ltd (CTHR) Misses Q4 EPS by 9c

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Yanbal to Acquire Charles & Colvard's (CTHR) Main Lulul Avenue Assets

March 8, 2016 9:29 AM EST

Charles & Colvard, Ltd. (Nasdaq: CTHR) announces the sale of the main Lulu Avenue assets to Yanbal USA, Inc.

On March 4, 2016, Charles & Colvard, its wholly-owned subsidiary Charles & Colvard Direct, LLC, and Yanbal USA, Inc. signed an asset purchase agreement and closed on the sale of the main assets related to the Lulu Avenue... More