Hat Trick Beverages, Inc. (HKBV.PK) Shares Jump On Merger Proposal
Hat Trick Beverages, Inc., (HKBV.PK) shares jumped late last week on rumors and then the formal announcement Friday of an initial merger proposal received from a well-established (but as yet unnamed) Italian vending machine manufacturer. Hat Trick Beverages (www.HatTrickDrinks.com) is the parent company of various operating subsidiaries that produce, market, and distribute hot and cold beverages nationwide. The proposal would give the Italian company a majority position in Hat Trick in exchange for cash and stock. The Italian company is privately held, with assets of approximately 7-10 million Euros, and a 15-year operating history in Europe, but nothing in North…