StockGuru News: Rhino Outdoor International (RHOI) To Acquire World Extreme Rock Crawling Championship Series
Rhino Outdoor International (RHOI) To Acquire World Extreme Rock Crawling Championship Series (W.E.ROCK) Rhino Outdoor International, Inc. (OTCBB:RHOI) HENDERSON, Nev.–(BUSINESS WIRE)–Rhino Outdoor International, Inc. (OTCBB: RHOI - News), which operates outdoor activity based businesses is pleased to report that the company has reached a definitive agreement to purchase the World Extreme Rock Crawling Championships Series (W.E.ROCK). It is anticipated that W.E.ROCK will become a wholly owned subsidiary of the company through a stock exchange agreement and that the deal will close on, or near, September 1, 2007. W.E.ROCK is a leader in organizing and sanctioning national and international competition for…