|
|
close window |
|
Bridges Hires Investment Banker For immediate release October 24, 2005 Kelowna, B.C - Bridges Transitions Inc. (“Bridges” or “the Company”) (TSX: BIT) a leading provider of career and educational planning solutions, today announces that it has retained the services of Alexander Capital Group Inc. of Toronto to advise the Board of Directors of the Company with respect to strategic alternatives to enhance shareholder value. This retainer, made by the Board on the recommendation of management, reflects the belief that the company has substantial strategic value that is not being realized by its shareholders within its current context or structure. Alternatives under consideration may include a going-private transaction, the outright sale or merger of some or all of the Company or a strategic partnership. The review by the Board and its advisors of potential strategic alternatives is expected to take a number of months and there is no certainty as to the possible outcome(s) of this process. There is no certainty that a transaction of any kind will be completed. The Company will advise of further developments as they become available. About Bridges About Alexander Capital Group Inc.
|
|
|
close window |