ProLink Holdings Corp., the leading provider of global positioning satellite golf course management systems and digital out-of-home on-course advertising, announced today, with the acknowledgement of Elumina, that it has terminated its agreement to acquire its distributor Elumina Iberica, S.A., Elumina Iberica UK Limited, GP ADS, S.L., and GP ADS LTD (collectively “Elumina”).
ProLink originally announced that it had entered into a definitive agreement to acquire all of the outstanding equity interests of Elumina on 17th September 2007.
“The parties intend to continue discussions and hope to move forward with a restructured acquisition reflecting the changed business environment,” said Lawrence D. Bain, CEO of ProLink Solutions.
ProLink www.goprolink.com
Elumina www.eluminaiberica.com