Ninestar Updates Investors on Progress of Pantum Acquisition

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In July, Ninestar Corporation revealed that it plans to acquire 100 percent of the shares of Pantum Electronics (see “Ninestar Shares Cease Trading as Firm Moves to Acquire All of Pantum”). On November 20, the company provided an update on the status of the proposed transaction. As things are structured currently, Pantum is not a

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