Business News • MarketWire • Union Equity, Inc. Announces Change of Control and New Business Acquisition |
Union Equity, Inc. Announces Change of Control and New Business Acquisition |
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Union Equity, Inc. Announces Change of Control and New Business Acquisition
WEST PALM BEACH, FL--(Marketwire - May 27, 2010) - Union Equity, Inc. (PINKSHEETS: UNQT) announced today that in a bid to enter and expand the commercial truck sales and leasing market, it acquired R.D.J Financial Services, Inc. with offices in Charlotte, NC and Orlando, FL. As part of this agreement, Union Equity, Inc. purchased R.D. J. and issued to R.D.J.'s shareholder a majority of the common stock and 300,000 shares of convertible preferred stock of Union Equity. In conjunction with this transaction, Union Equity appointed Steven Woodell as President to oversee the expansion of the growing commercial leasing and truck sales line of business. The combined companies will continue to trade under the symbol UNQT through www.otcmarkets.com.
View More : http://www.marketwire.com/mw/release.do?id=1267742&sourceType=3
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