Tailwind Financial Inc. Announces Termination of Letter of Intent
October 28 2008 - 11:47AM
PR Newswire (US)
TORONTO and NEW YORK, Oct. 28 /PRNewswire-FirstCall/ -- Tailwind
Financial Inc. ("Tailwind") (Amex: TNF; TNF.U; TNF.WS), a special
purpose acquisition company, today announced that the
previously-announced letter of intent signed between Tailwind and
GrandUnion Inc. on August 26, 2008 has terminated in accordance
with its terms effective October 25, 2008. About Tailwind Tailwind
was incorporated in Delaware on June 30, 2006 as a special purpose
acquisition company whose objective is to acquire, through a
purchase, asset acquisition, or other business combination, one or
more operating businesses. Tailwind completed its initial public
offering on April 17, 2007. DATASOURCE: Tailwind Financial Inc.
CONTACT: Andrew A. McKay, Chief Executive Officer of Tailwind
Financial, Inc., +1-416-601-2422 or fax, +1-416-601-2423,
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