Printer Friendly
The Free Library
14,587,697 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

STGE Announces Receipt of Financial Commitment.


Business Editors

PALM CITY, Fla.--(BUSINESS WIRE)--Dec. 23, 2002

December 11, 2002, Capital Group International, the Florida branch, investment banking and corporate development organization, concluded arrangements for the provision of a $1,000,000 bridge loan to Country Wide Foods, Inc., the company that will merge with Strategic Alliance Group, Inc. (STGE STGE Société Tunisienne de Gastro-Entérologie
STGE Storage
).

The proceeds of the loan will be used by Ritchie's Rich and Ready, Inc. (RRR See Required Rate of Return. ) to equip the new Utah turkey processing facility. This is the first of five such processing facilities to be located strategically across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  in order to properly supply its customer base. RRR will be a totally owned subsidiary of Country Wide Foods, Inc.

STGE also takes this opportunity to recommend to the public, that they can get a better understanding of the proprietary turkey process by visiting the RRR web site at http://www.ritchiesrichandready.com. This site will be operational before December 27, 2002.

Developments are proceeding on schedule and we will present the additional news to you as it develops.

The Private Securities Reform Act of 1995 provides a "safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
" for forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
. Certain information included in this Press Release (as well as information included in oral statements or other written statements made or to be made) contains statements that are forward looking, such as those relating to relating to relate prepconcernant

relating to relate prepbezüglich +gen, mit Bezug auf +acc 
 consummation of the transaction, anticipated future revenues of the companies and success of current product offerings. Such forward looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ materially from those expressed in any forward looking statements.

For additional information concerning the merger, please contact Mezzanine Finance, Mr. Wilkenson, 772/283-4490.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Dec 23, 2002
Words:284
Previous Article:Study Examines ROI of Kronos Solutions; In-Depth Report by Nucleus Research Provides Customer Insight into Positive Bottom-Line Results from Kronos...
Next Article:Dining Out A Big Part of 2002 Holiday Plans According to Latest iDine Survey.



Related Articles
City will investigate bank for South African ties; Security Pacific says allegation is 'absolutely incorrect.'
Stage Stores, Inc. completes private debt offering - Company Enters Into New Five-Year Credit Facility Arrangement -.
Stage Stores, Inc. completes acquisition of C.R. Anthony Company.
Stage Stores Inc. Begins Trading On the New York Stock Exchange.
Strategic Alliance Group, Inc. Announces New Trading Symbol.
HOW TO KEEP WHAT YOU EARN.(paying less and making money at the same time)(Brief Article)
The road ahead for DEAMS: the road not traveled--until now: three entities are joining forces to change dramatically their business and financial...
Loan purchase commitment fees upheld as option premiums.
Building firm taps B of NY as successor depositary.(FINANCE)(Company overview)
Companies consolidating cash management providers.(BANKING)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles