USA: MotorVac Announces It is Deregistering Its Shares and Commencing a Tender Offer
MotorVac Technologies Inc. Thursday announced that it has filed a Form 15 with the Securities and Exchange Commission in order to terminate the registration of its common stock under the federal securities laws. The Board's decision to deregister the stock is part of its strategy to enhance long-term stockholder value, reduce administrative costs and increase the flexibility of company decision making.
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