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2014-06-17 12:21:29

SAINT-GEORGES, QC, June 17, 2014 /CNW Telbec/ - Manac Inc. (TSX: MA) ("Manac"), a North American leader in the design and manufacturing of specialty trailers, announces today the acquisition of all of the issued and outstanding shares of Peerless Limited ("Peerless") for $14.75 million in cash, subject to certain net working capital adjustments. Established in Penticton, British Columbia, Peerless is a designer and manufacturer of highly specialized trailers and chassis for a...


Word of the Day
omphalos
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.
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