Conn. firm buying 80% of Deer Valley

  • By Business Observer Staff
  • | 3:51 p.m. September 4, 2014
  • Tampa Bay-Lakeland
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TAMPA — Stamford, Conn.-based Peerless Systems Corp. has entered into a definitive stock purchase agreement with Vicis Capital Master Fund and Tampa-based Deer Valley Corp. (symbol: DVLY; recent price: $0.86) to acquire 80% of the outstanding common stock of Deer Valley. The deal is scheduled to close by Sept. 30.

 

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