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TRUCKING INDUSTRY NEWS * USA & Canada - ActionView International, Inc. Issues Comment Related to Planned Acquisition Transaction With Jim Palmer Truck
Vancouver,BC,Canada -MarketWatch (San Francisco,CAL,USA) -Jul 11, 2008: -- ActionView International, Inc. today issued a comment regarding the recent filing of Chapter 11 bankruptcy protection by Jim Palmer Equipment Inc. and Jim Palmer Equipment II, LLC, entities related to Jim Palmer Trucking, Inc. ... In May 2008, ActionView announced a letter of intent to acquire Jim Palmer Trucking to become the focus of operations for the public company... ActionView International CEO Steven R. Peacock commented, "As we work to protect the interests of the company and its shareholders related to the Jim Palmer Trucking situation, we will turn our attention to alternative acquisition opportunities for ActionView International. Our focus is to deliver the best possible acquisition candidate for ActionView shareholders, and we do have additional companies targeted in the event that a transaction with Jim Palmer Trucking did not close. We expect to announce the next steps in our acquisition strategy as soon as possible."...
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