FT. WORTH, Texas -- VHGI Holdings, Inc. (OTC.QB: VHGI) announced today that its wholly-owned subsidiary, VHGI Coal, Inc. has completed the acquisition of all of the stock of Lily Group, Inc., and in connection therewith, Lily Group has secured a $13,000,000 debt financing in order to refinance certain existing debt of the Company, pay vendors, pay costs of the transaction and for short-term working capital purposes.
"This is an important step in the development of our plan,"...
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By Hawkinvest
It makes sense for most investors to have some exposure to the energy sector. Everyone uses energy, whether it is supplied by solar, coal, oil or other companies. Owning stocks in this sector is a great way to participate in the rising demand that comes with an improving economy, as well as global population growth. In addition, energy companies have historically had pricing power and have been able to raise prices...
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