other material
confidence high
sentiment neutral
materiality 0.60
Winning Catering Group, Inc. (WNHK): M&A transaction — LiquidValue Development sells 95 residential lots in Magnolia, TX for ~$5M
Winning Catering Group, Inc.
- Sold 95 single-family detached lots in 'Lakes at Black Oak' community to VPDHL LABO LB LLC.
- Aggregate purchase price plus community enhancement fees, net expenses, totaled $5,033,390.04.
- Sale closed on January 4, 2024; seller was wholly owned subsidiary 150 CCM Black Oak Ltd.
- Proceeds from sale used for general corporate purposes.