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ISACSOFT Completes Business Transition

[August 1, 2008]

Copyright (c) 2008 ISACSOFT

Abstract: The April 2008 issue of Smart Libraries Newsletter reported that ISACSOFT, which includes the BiblioMondo library automation business unit, was in the process of making the transition from a publicly traded company on the Toronto Venture exchange to private ownership by its current Chairman, President, and CEO Ronald Brisebois. The shareholders approved the sale of the company for CDN$ 0.33 per share on June 27, 2008, with a valuation of the company set at about $4.2 million. The transaction closed on July 10, 2008. Brisebois, now the full owner of the company will continue in his executive roles.


The April 2008 issue of Smart Libraries Newsletter reported that ISACSOFT, which includes the BiblioMondo library automation business unit, was in the process of making the transition from a publicly traded company on the Toronto Venture exchange to private ownership by its current Chairman, President, and CEO Ronald Brisebois. The shareholders approved the sale of the company for CDN$ 0.33 per share on June 27, 2008, with a valuation of the company set at about $4.2 million. The transaction closed on July 10, 2008. Brisebois, now the full owner of the company will continue in his executive roles.

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Publication Year:2008
Type of Material:Article
Language English
Issue:August 1, 2008
Publisher:ISACSOFT
Place of Publication:Chicago, IL
Company: ISACCSOFT
Mondo-In
Record Number:13436
Last Update:2012-12-29 14:06:47
Date Created:2008-08-03 13:49:17