Mac1 Industries Corp. Terminates Merger With Tycoon Industries, LLC
HOLLYWOOD, FL--(Marketwire - March 27, 2009) - Publicly traded MAC1 INDUSTRIES CORP.
(PINKSHEETS: MIRA) has terminated its short lived merger with TYCOON
INDUSTRIES, LLC. Effective February 27, 2009. Irreconcilable differences
among board members have caused both companies to disengage and return to
independent status. Unfortunately no synergies were created by the merger
of the two companies and controlling shareholders on both sides felt that
two independent unrelated companies will function better.
March 27, 2009 | Filed Under
Mergers and Acquisitions
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