Grifco International, Inc. - GFCI buyout by Exxon/Mobile, 365 million…
News Release: GFCI - Subscriber 42044
Wednesday, January 24, 2006 lacerated
CONROE, Texas–(BUSINESS WIRE)–Grifco International, Inc. GFCI announces that the long-awaited news is finally here. Exxon/Mobile has decided to buy out GFCI for a whopping 365 million dollars. The sale price includes the valuable West Texas tracks and Coil Tubing, Inc.’s lucrative China contracts. allophanic
Now, recent news about the GFCI stock buy-back makes perfect sense: predictability
CONROE, Texas–(BUSINESS WIRE)–Grifco International Inc. GFCI announces that its board of directors has approved a share buy-back initiative to purchase common shares of the Company. The shares of GFCI.PK will be purchased in the open market in any amount up to five million shares by the Company. denotive
This is huge for GFCI. This is what we have all been waiting for. We expect GFCI to break through one dollar easy before the buyout. So jump in now for a quick turnover. villager