VIRGINIA BEACH, VA–April 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.
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.