DeNovo Corp. enters final stages of negotiations to acquire publishing and printing company.CORAL SPRINGS Coral Springs, city (1990 pop. 79,443), Broward co., SE Fla.; inc. 1963. Largely residential, it is a city that has grown rapidly along with the southern Florida and Fort Lauderdale area. The population of Coral Springs nearly doubled between 1980 and 1990. , Fla.--(BUSINESS WIRE)--Feb. 27, 1996--DeNovo Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :DNVOF) announced Tuesday that it has entered the final stages of negotiations to acquire a publishing and printing company which owns and produces 12 periodical magazines distributed throughout North America and internationally. The company being acquired has had annual gross revenues of approximately $10 million with EBIT EBIT See: Earnings Before Interest and Taxes EBIT See earnings before interest and taxes (EBIT). of approximately $2 million for over three years. The transaction is anticipated to close within 30 days, subject to due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. and various material conditions. CONTACT: DeNovo Corp., Coral Springs Michael D. Herman, 954/345-2266/Fax 954/345-0770 |
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