15 January, 2010
National Patent Development Corporation Closes Sale of Five Star Products, Inc.
Press Release Source: National Patent Development Corporation On Friday January 15, 2010, 5:34 pm EST
EAST HANOVER, N.J.--(BUSINESS WIRE)--National Patent Development Corporation (OTC Bulletin Board: NPDV.OB - News) today announced that it has closed the sale of all of the stock of Five Star Products, Inc. to The Merit Group, Inc. for cash pursuant to the Stock Purchase Agreement by and between The Merit Group, Inc. and National Patent Development Corporation.
National Patent Development Corporation Closes Sale of Five Star Products, Inc. Added: (15.01.2010)
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