BRIEF-Posiflex Technology unit to fully acquire KIS Acquisition at $105 mln

Posiflex acquires KIS KIOSK

For full press release text with analysis see KIOSK Acquired by Posiflex posting. Below is original posting of headline on Reuters.

Posiflex Technology buys KIOSK (KIS) :

Source: www.reuters.com

Aug 12 Posiflex Technology :

* Says its subsidiary Posiflex Business Machines,Inc. will fully acquire KIS Acquisition Corp. at $105 million from KIS Group,LLC and The Peninsula Fund V Limited Partnership.

Source text in Chinese: goo.gl/mnLjNw

Further company coverage: (Beijing Headline News)