SOURCE: Global Holdings, Inc.

Global Holdings, Inc.

April 10, 2015 09:45 ET

Global Holdings, Inc. (GBHD) Enters Into Final Negotiations With Multinational Corporation

VIRGINIA BEACH, VA--(Marketwired - Apr 10, 2015) -  Global Holdings, Inc. (OTC PINK: GBHD) announces that it has entered into final negotiations with a multinational corporation to become the subject of a "take-over." After a month of negotiations, the parties at hand are close to finalizing terms with the "Multinational Company," which specializes in the Mining and Entertainment industries, to "take-over" Global Holdings, Inc.

Upon completion of this pending action, when warranted, the Company will announce a new management team and board of director.

Further, any wholly-owned GBHD subsidiaries, not involved in this pending take-over, will either be sold and/or spun-out.

GBHD will continue to inform their shareholders on this pending business transaction as more details become available.

For further information about this release, contact Rich Kaiser, Investor Relations, YES INTERNATIONAL, #757-306-6090,www.gbhd.net, info@gbhd.net, and/or yes@yesinternational.com.

Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward-looking information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competitions.

Contact Information

  • CONTACT:
    Global Holdings, Inc.
    Rich Kaiser
    Yes International
    757-306-6090