Thursday, July 30, 2009

Venture activity

PlayCore: Chattanooga-based PlayCore Holdings, a designer, manufacturer, and marketer of playground, park and recreation, and youth-fitness products, and a portfolio company of Irving Place Capital, announced its acquisition of Plant City, Fla.-based GT Grandstands, Inc., a designer-manufacturer of grandstands and bleachers. Knoxville: TheBoard of Directors of Flight Safety Technologies, Inc. (OTCBB:FLTS) unanimously voted to terminate the registration of shares of its common stock and the filing of annual, quarterly and other periodic reports with the SEC, citing "the significant savings of legal and accounting fees and costs associated with compliance with Sarbanes Oxley..."

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