Global Holdings, Inc. (OTCPK:GBHD) entered into final negotiations with a multinational corporation to become the subject of a take-over. The prospective buyer is a multinational company specializing in the Mining and Entertainment industries. Upon completion of this pending action, Global Holdings will announce a new management team and board of director. Further, any wholly-owned Global Holdings subsidiaries, not involved in this pending take-over, will either be sold and/or spun-out.
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