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Jones Soda (JSDA) Signs Letter Of Intent To Be Acquired By Reeds (REED)
Tuesday, March 9, 2010 - 10:02am
Jones Soda (NASDAQ: JSDA) has signed a letter of intent to be acquired by Reed's (NASDAQ: REED) early this morning. The deal roughly valued at $0.37/share (composed of $0.10 cash and .17 shares of REED stock for every share of JSDA stock held is about 57% below yesterday's closing price of $0.85/...
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Jones Sods
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