Strategic Rare Earth Metals Acquires Scientific News International

On June 2, 2010, Strategic Rare Earth Metals acquired internet software and services company Scientific News International

This is Strategic Rare Earth Metals’ 1st transaction in the Internet Software and Services sector.
This is Strategic Rare Earth Metals’ 1st transaction in the United States.
This is Strategic Rare Earth Metals’ 1st transaction in Florida.

M&A Deal Summary
Date	2010-06-02
Target	Scientific News International
Sector	Internet Software and Services
Buyer(s)	Strategic Rare Earth Metals
Deal Type	Add-on Acquisition

Fort Myers, Florida, United States

Scientific News International, Inc. is a provider of online medical news and data through scientific news room.

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Miami, Florida, United States

Strategic Rare Earth Metals, Inc., formerly China Granite Corporation, conducts granite mining and processing operations.

DEAL STATS	#
Overall	1 of 1
Sector: Internet Software and Services M&A	1 of 1
Type: Add-on Acquisition M&A Deals	1 of 1
State: Florida M&A	1 of 1
Country: United States M&A	1 of 1
Year: 2010 M&A	1 of 1