Towne services inc announces proposed merger

LifePoint and RCCH are aligned in our missions and commitment to ensuring that non-urban communities across the country have access to quality care, close to home. Together, we can extend this shared focus while generating new opportunities for growth and partnerships that will help us navigate the changing healthcare industry dynamics.

Towne services inc announces proposed merger

Based in Brentwood, Tennessee, Private Business is a leading provider of technology-driven solutions that help banks manage accounts receivable financing for small businesses. Final terms of the proposed transaction will be disclosed upon the signing of a definitive agreement, which is expected by March 31, The merger is subject to customary closing conditions, including approval by the shareholders of both companies, and is expected to close in the first half of We believe there are a number of significant financial and operating synergies that will be immediately Sorry, but full essay samples are available only for registered users Choose a Membership Plan realized with the combination of two companies who bring different, but very complementary strengths to the merger.

Towne services inc announces proposed merger

Private Business has an outstanding sales culture with an enviable record of profitable sales to a nationwide network of community banks and thousands of small businesses across the United States. We believe that with our proprietary electronic gateway that links banks, businesses and consumers, we will now have a greater opportunity to enhance our market coverage by leveraging the strength of their sales program with our proven technology.

Clearly, the merger will create a company with broader capabilities and more resources and we are very enthusiastic about the expanded market presence after the consummation of this transaction.

With our joint customer base of over 1, banks under contract and over 8, merchants, we will be the undisputed leader in providing e-commerce business and management tools to banks and small businesses.

Towne Family of Services

The Company delivers these services and products on-line by linking its business and bank customers to its processing systems using the Internet and telecommunications lines. Let us write you a custom essay sample on Towne Services, Inc. In addition, there are potential risks and uncertainties relating to the proposed merger with Private Business, including, but not limited to, the results of the respective parties due diligence investigations, the ability of the parties to reach a mutually acceptable merger agreement and other factors.

If an agreement is reached, the parties will be required to file documentation with the SEC concerning the transaction.GGP Inc. (GGP) Announces That Both ISS and Glass Lewis Recommend for Merger Proposal Article Related Press Releases (1) Stock Quotes (1) Comments (0) FREE Breaking News Alerts from .

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The merger also signals the effectuation of several related corporate actions, including the Company’s name change to “AmericaTowne Holdings, Inc.,” the Company’s reverse stock split.

Finish Line’s and JD’s shareholders are urged to read the proxy statement and other documents filed with the SEC and the U.K. circular regarding the proposed merger transaction when they. The proposed merger has a value of $ billion. The merger would produce a privately held company operating under the LifePoint Health name and led by William F.

Towne Services, Inc. Announces Proposed Merger with Private Business, Inc

Carpenter III, chairman and chief. Towne Services, Inc. (Nasdaq/NM:TWNE) today announced the execution of a letter of intent to engage in a strategic merger with Private Business, Inc., (Nasdaq:PBIZ).

Based in Brentwood, Tennessee, Private Business is a leading provider of technology-driven solutions that help banks manage accounts receivable financing for small businesses.

Towne Services, Inc. Announces Proposed Merger With Private Business, Inc Essays