The
The consideration paid included cash and earnout. The acquisition includes on-site paper shredding trucks, client relationships and other assets used in the shredding business. Redishred views this acquisition as accretive to Redishred's cash flows and earnings per share.
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This news release contains forward looking statements that reflect the current expectations of management of Redishred and Redishred's future results, performance, achievements, prospects and opportunities. Wherever possible, words such as 'may', 'will', 'estimate', 'believe', 'expect', 'intend' and similar expressions have been used to identify these forward looking statements. These statements reflect current beliefs and are based on information currently available to management of Redishred. Forward looking statements necessarily involve known and unknown risks and uncertainties. A number of factors, including those discussed in the 2018 management discussion and analysis under 'Risk Factors', could cause actual results, performance, achievements, prospects or opportunities to differ materially from the results discussed or implied in the forward looking statements. These factors should be considered carefully and a reader should not place undue reliance on the forward looking statements. There can be no assurance that the expectations of management of Redishred will prove to be correct.
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