Allen-Vanguard eyes privatization as Tailwind deal goes south

OTTAWA – Allen-Vanguard Corp.’s Allen-Vanguard-cropped.JPGnegotiations for a $41.6-million takeover and refinancing deal with Tailwind Financial are terminated for reasons undisclosed. At the same time, the company enters into talks with an unidentified US investor that would take the company private if the two agree on terms in talks scheduled to wrap on April 24. Click here for more information.

Submit a comment

Please leave your name, which will be used to sign your submission to the SCANsite. Thanks for contributing your thoughts. Come back again. Tony Patterson, Editor & CEO.

© 2006 - 2009 SCAN
Site by Citadel Rock