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01/03/17Ossen Innovation Special Committee Retains Financial Advisor to Evaluate Proposed Transactions
SHANGHAI, Jan. 3, 2017 /PRNewswire/ -- As previously announced on August 4, 2016, the Board of Directors (the "Board") of Ossen Innovation Co., Ltd. ("Ossen Innovation" or the "Company") (Nasdaq: OSN), a China-based manufacturer of an array of plain surface, rare earth and zinc coated pre-stressed steel materials, formed a special committee of the Board (the "Special Committee") to evaluate a non-binding term sheet pursuant to which the Company would (i) acquire all of the equity of American-Asi... 
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