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Littlefield Corporation is constantly analyzing businesses which fit our business model, targeting profitable companies which can be purchased for 3 to 6 times cash flow.
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NEW ACQUISITIONS
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NEW ACQUISITIONS - Acquisition Criteria
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We are actively seeking to expand our charitable bingo business through new acquisition opportunities of existing bingo halls in Texas, South Carolina, Alabama and throughout the Southeastern United States. We will consider acquisitions in other areas of the U.S. if the opportunity is of significant size. Littlefield offers a host of distinct advantages to bingo hall owners considering a sale, including: - Quick decision making regarding our level of interest – quick yes or no;
- Complete confidentiality throughout the process;
- Flexible transaction structure and terms;
- Team of seasoned professionals to accelerate the due diligence process;
- Closing can be expedited to meet seller’s requirements; and
- Strong track-record for closing transactions.
To learn more about our most recent acquisition, please see a summary of the terms and conditions of the transaction under Bingo Acquisition Overview section. Please direct all inquires and information to:
Michael J. Lindley Sr. Vice President Director of Capital TransactionsLittlefield Corporation 2501 North Lamar Blvd. Austin, Texas 78705 Office: (512) 476-5141 Cell: (512) 431-9222 Fax: (512) 476-7388 mlindley@littlefield.com
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