Hye Mar Holdings, an investment holding company in Dubai, UAE, signed a letter of intent on July 21 to pay about $4 million for stock convertible to a 31.4 percent stake in Speedus Corp., an investment holding company in Freehold.
Paterson Chemical Maker Acquired
Vantage Specialty Chemicals, a chemical maker in Chicago, announced on July 15 that it acquired Lipo Chemicals Inc. of Paterson, a maker and wholesaler of chemical ingredients.
Rainbow Food Services Acquired
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