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DeFi Mobile Ltd. Announce Shareholder and Board of Directors Approval of Its Combination With Lion Capital Holdings, Inc.

Publication: PR Newswire
Publication Date: 22-SEP-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Lion Capital Holdings empowers DeFi Mobile Ltd. and Accelerates Growth of Its Carrier-Grade Network's Capacity to Provide Media Rich Applications to Millions Around the World

SCOTTSDALE, Ariz., Sept. 22 /PRNewswire/ -- DeFi Mobile Ltd(TM) announced today it had received shareholder approval for its combination with Lion Capital Holdings Inc. (BULLETIN BOARD: LCHL) ("Lion"). In addition, the majority shareholder of Lion has agreed to endorse the transaction subject to a conversion of the merger agreement into a stock for stock exchange agreement. Under the proposed terms of the agreement, DeFi...



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