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Add-on acquisition Jan 2018 · central Kentucky Verified

Sitestar Closes First Stage of Mt Melrose Acquisition

Sitestar Corporation closed the first stage of its acquisition of Mt Melrose in January 2018, acquiring 44 residential and other income-producing properties. The acquisition will occur over several stages over the next year.

“The acquisition of Mt Melrose will occur over several stages over the next year. We closed on the first stage in January, acquiring 44 residential and other income-producing properties.”

Entities

Mt Melrose · Target Sitestar Corporation · Acquirer
Other Sentiment: Neutral

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.