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Bullboard - Stock Discussion Forum Guestlogix Inc T.GXI.R

TSX:GXI.R - Post Discussion

Guestlogix Inc > new developement
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Post by mingzhu on Apr 18, 2016 5:12pm

new developement

On April 13, 2016, the Court issued an order:

  1. Approving and authorizing the sale transaction between GuestLogix Ireland and TravelSky
  2. Ordering that the Sale Agreement and the confidential appendices to the Fifth Report be sealed pending the closing of the Sale.

China TravelSky Technology is $5.3 billion company trading on OTC.

Comment by displayname1 on Apr 21, 2016 3:13am
'old' development: 2015: https://www.guestlogix.com/media-center/press-releases/2015/Hainan-Launches-Travel-Retail-with-GuestLogix.aspx followed by  Apri 4: https://www.tnooz.com/article/travelsky-nabs-openjaw-in-guestlogix-asset-sale/ They could have got it much cheaper
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