QualityStocksNewsBreaks – ECGI Holdings Inc. (ECGI) Signs Binding LOI to Acquire Pacific Saddlery
ECGI Holdings (OTC: ECGI), a diversified holding company with a unique portfolio in viticulture and luxury fashion, is announcing the signing of a binding Letter of Intent (“LOI”) to acquire all outstanding shares of Pacific Saddlery, Inc., a renowned manufacturer and retailer of luxury equestrian tack, apparel and accessories, in exchange for $5,000,000 in ECGI-restricted shares. According to the announcement, these shares will remain restricted until ECGI uplists to a national exchange. The acquisition aligns with ECGI’s objectives of expanding its presence in the luxury brands sector. It is expected to generate new recurring revenue streams and enhance ECGI’s position…