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Stock impact report

Kandi Technologies Acquires Sportsman Country Llc [Reuters]

Kandi Technologies Group, Inc. - Ordinary Shares (KNDI) 
Company Research Source: Reuters
Kandi Technologies Group Inc (KNDI.OQ) Key Developments | Reuters.com June 4 (Reuters) - Kandi Technologies Group Inc ::KANDI TECHNOLOGIES ACQUIRES SPORTSMAN COUNTRY, LLC.KANDI TECHNOLOGIES GROUP INC - TRANSFER AGREEMENT WAS SIGNED ON MAY 31, 2018.KANDI TECHNOLOGIES-ENTERED TRANSFER AGREEMENT WITH TWO MEMBERS OF SPORTSMAN COUNTRY UNDER WHICH CO WILL ACQUIRE 100% OF OWNERSHIP OF SPORTSMAN COUNTRY.KANDI TECHNOLOGIES GROUP INC - TRANSFERORS PROMISED THAT SPORTSMAN COUNTRY WILL ACHIEVE PRE-TAX PROFIT TOTALING OVER $10.0 MILLION FROM 2017 TO 2020.KANDI TECHNOLOGIES GROUP - WILL TRANSFER $10.0 MILLION WORTH OF CORRESPONDING RESTRICTED SHARES TO ACQUIRE 100% MEMBERSHIP INTERESTS IN SPORTSMAN COUNTRY. Reuters, the news and media division of Thomson Reuters , is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, t Show less Read more
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