Daou Data Decides to Absorb and Merge Nice Tax Refund
[Asia Economy Reporter Lee Seon-ae] Dow Data announced on the 26th that it has decided to absorb and merge Nice Tax Refund for efficient management.
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The merger ratio between Dow Data and Nice Tax Refund is 1 to 0. The merger date is set for September 30. Nice Tax Refund is a subsidiary wholly owned by Dow Data with 100% equity. No new shares will be issued for the merger.
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