(June 12 – 16:55 ET) – VERSUS Technologies Inc. confirmed that it is engaged in discussions with third parties regarding a possible merger or acquisition transaction that would involve a change of control of VERSUS.
The gossip online is that E*Trade Group will be buying the firm that runs its brand in Canada.
However, there can be no assurance that an agreement will be reached or that any transaction will occur.
VERSUS Technologies Inc., together with its wholly-owned subsidiary VERSUS Brokerage Services Inc., is a leading provider of electronic securities trading services to the Canadian marketplace. VERSUS’ retail business is marketed exclusively in Canada under the E*TRADE Canada name, as a service of VERSUS Brokerage Services Inc. The E*TRADE Canada service is currently offered in all provinces.
-IE Staff