The asset purchase agreement constitutes a “stalking horse” bid in a sale process being conducted under Section 363 of the U.S. EYP has interdisciplinary offices in 11 cities across the United States. The firm offers planning and design, high performance engineering, environmental graphics, preservation and modernization, interiors and workplace and sustainable landscapes to create differentiated structures. EYP is an integrated architecture, engineering, and design services company specializing in higher education, healthcare, government and science & technology. Ault Alliance will also make an offer of employment to all current employees of EYP. and its affiliates (“ EYP”) providing for the acquisition of all of EYP’s assets for an aggregate consideration of approximately $68 million. (“ Ault Alliance”), has agreed to lend approximately $12 million (inclusive of existing loans) through a super-priority debtor-in-possession (“ DIP”) loan to, and entered into an asset purchase agreement with, EYP, Inc. (NYSE American: NILE), a diversified holding company (“ BitNile” or the “ Company”) announced today that its subsidiary, Ault Alliance, Inc. LAS VEGAS-( BUSINESS WIRE)- BitNile Holdings, Inc.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |