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BRIEF-GEA Technologies and DropLeaf announce letter agreement for proposed merger
June 9, 2017 / 1:08 PM / 6 months ago

BRIEF-GEA Technologies and DropLeaf announce letter agreement for proposed merger

June 9 (Reuters) - GEA Technologies Ltd

* GEA Technologies and DropLeaf jointly announce a letter agreement for a proposed merger

* GEA Technologies Ltd says LOI contemplates GEA acquiring all of outstanding shares of DropLeaf in exchange for shares of GEA

* GEA Technologies - co’s core business to become business of DropLeaf and will continue doing business as “international cannabrands”

* Gea Technologies -former DropLeaf shareholders will own about 95% of outstanding GEA shares on an as-converted basis following completion of deal Source text for Eikon: Further company coverage:

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