A ruling has been issued today by the arbitral tribunal based in Geneva, Switzerland, in the arbitration between Midas, Inc. (NYSE: MDS) and its European licensee MESA S.p.A. and Norauto Groupe SA.

Midas officials are reviewing the contents of the ruling and will issue a press release recapping the details later today.

Meanwhile, the company has asked the New York Stock Exchange to suspend trading in its shares.

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