Educational Development Corporation Terminates Sale and Leaseback of Hilti Complex with Rockford Holdings [Yahoo! Finance]
Educational Development Corporation (EDUC)
US:NASDAQ Investor Relations:
edcpub.com/investors.aspx
Company Research
Source: Yahoo! Finance
Per Craig White, President and Chief Executive Officer, "We recently received notification from the Rockford Group that they could not meet the terms of the original purchase agreement. In evaluating their proposed changes to the agreement, we determined that the new terms were not in the best interest of our stakeholders including our bank, vendors, customers, and shareholders, thus mutually agreeing to terminate the agreement." "We have updated our marketing materials for the Hilti Complex to include recent lease changes, including the new lease for approximately 25% of the office and warehouse space with Crusoe Energy Systems. We are confident that this updated memorandum will positively impact the current list of interested parties in the Hilti Complex, and we fully expect to engage a new buyer soon," concluded Mr. White. About Educational Development Corporation (EDC) EDC began as a publishing company specializing in books for children. EDC is the owner and exclusive publi
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EDUC
News
- Educational Development Co. (NASDAQ: EDUC) is now covered by analysts at StockNews.com. They set a "strong-buy" rating on the stock.MarketBeat
- Educational Development Co. (NASDAQ: EDUC) is now covered by analysts at StockNews.com. They set a "strong-buy" rating on the stock.MarketBeat
- Educational Development Co. (NASDAQ: EDUC) is now covered by analysts at StockNews.com. They set a "strong-buy" rating on the stock.MarketBeat
- Educational Development Co. (NASDAQ: EDUC) is now covered by analysts at StockNews.com. They set a "strong-buy" rating on the stock.MarketBeat
- Educational Development Co. (NASDAQ: EDUC) is now covered by analysts at StockNews.com. They set a "strong-buy" rating on the stock.MarketBeat
EDUC
Sec Filings
- 11/13/24 - Form SC
- 10/24/24 - Form 4
- 10/23/24 - Form 3
- EDUC's page on the SEC website