MSE sale terminated

The sale of Butte’s MSE Technology Applications, Inc. to a Florida-based technology holdings group is off, according to a joint announcement from both companies Thursday.

Global Technology Holdings, Inc. and the Montana Economic Revitalization and Development Institute – current owners of MSE – have mutually parted ways after it initially appeared they had a deal in place last month.

Sides announced a purchase agreement on Oct. 5 where Global Technology Holdings would assume operation of MSE and all subsidiaries effective Oct. 25. Specific terms were never disclosed.

By George Plaven of The Montana Standard

Full Story: http://mtstandard.com/news/local/mse-sale-terminated/article_9d48bb8c-3ab3-11e2-94d3-0019bb2963f4.html