MEDIROM Healthcare Technologies (NASDAQ:MRM)

WEB NEWS

Wednesday, December 16, 2009

Acquisition Activity

The following verbiage in an 8K filed today has us presuming that MRM is on the sell block, sooner rather than later:

"On December 10, 2009, the board of directors of Merrimac Industries, Inc. (the “Company”) approved a bonus for Mason N. Carter, the Chairman, President and Chief Executive Officer of the Company, in the event that the on-going process of investigating strategic alternatives for the company results in a sale of the Company or similar transaction. The bonus would be based on a percentage of the sale price of the Company and the estimated range of the bonus is $300,000 to $1,200,000."



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