Published: October 17, 2011
Press Release
VuQo Holdings Corp. Gets Buy Out Offer From Prominent International Company
A prominent international company known for establishing and operating successful bars, nightclubs, restaurants, and hotel and resort properties across the globe has made an official offer to acquire VuQo Holdings Corp. (PINKSHEETS: VUQO).
VuQo Holdings Corp. has recently received a letter of acquisition, following an extensive due diligence process and is subject to the fulfillment of a number of mutually agreed upon conditions.
Commenting on the offer, VuQo CEO Rich Cabael said, "The proposed transaction is a sign of confidence in VuQo Holdings Corp., our brands, and the Philippine wines and spirits sectors. Our goal has always been to create shareholder value through brand recognition and growth in case volume. This latest development is a remarkable indicator of the direction we're headed."
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