Masterfile & Arius3d acquisition closing date extended, Arius3D pays MF 450k
- Closing date extended to Nov 30, 2011
- Arius3D to pay MF $450,000 by Nov 4, 2011
- Arius3D to continue seeking financing
- $300,000 remains in an escrow account, payable to MF if the deal falls through
http://www.menafn.com/qn_news_story.asp?storyid=%7B2911551d-419a-40a3-b9c8-a7d5ddada8fc%7D
I'm not surprised that Arius3D is having trouble securing financing for this deal.
S.G.