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FAMOUS REVERSE MERGERS (verified)
Some of todays leading companies like: Turner Broadcasting System was the result of a merger that Ted Turner engineered with a public shell called Rice Broadcasting in 1970. Occidental Petroleum, Blockbuster Entertainment and Radio Shack also hatched from shell mergers. Lets’ not forget Berkshire Hathaway and most notably the New York Stock Exchange which went public last year using a reverse shell merger. DreamLife Inc. (DLIF) Tony Robbins, internationally known motivational speaker, reverse merged his company into a little know medical company, GHS, Inc., which sent the stock soaring from $.75 to $20. Businessweek Article Dream life web site SEC filings Chart Siebert Financial Corp. (SIEB) Muriel Siebert, the first woman to purchase a seat on the New York Stock Exchange, reverse merged her brokerage firm into J.MICHAELS,INC., a furniture company. Siebert web site SEC filings Chart Source: Shell Stock Review & Reverse Shell Merger Last edited by MoneyMaker; 04-21-2008 at 06:57 PM. |
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