Business

Trans-Global makes acquisition

Posted April 25, 2008 11:00 pm

DES PLAINES -- Trans-Global Capital Management Inc., an investment firm specializing in real estate development, announced Friday it will buy a majority stake in Innerarity Road, a Florida limited liability company. Innerarity Road has an asset base of $23 million dollars in Florida real estate. Trans-Global has agreed to purchase 81 percent of Innerarity for $18.5 million dollars.

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