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Innicor Board of Directors Reaffirms Recommendation to Tender to Sondex Offer - 11/13/06
CALGARY, ALBERTA, (November 13, 2006) - As previously announced on September 21, 2006, Innicor Subsurface Technologies Inc. (TSX: IST) ("Innicor" or the "Corporation") and Sondex plc ("Sondex") have entered into a pre-acquisition agreement dated September 20, 2006 (the "Pre-Acquisition Agreement") pursuant to which Sondex's subsidiary, Sondex Completion Systems Inc., has made an offer dated October 11, 2006 to acquire all of the common shares of Innicor at a price of $3.75 per Innicor share. Read Entire Article (PDF)