Business
Legacy Education Alliance, Inc. Addresses Tigrent Inc. Asset Distribution
Legacy Education Alliance, Inc. Addresses Tigrent Inc. Asset Distribution.
About this update from Legacy Education Alliance, Inc.
[{"type":"text","content":"\n \n Legacy Education Alliance, Inc. (OTCQB: LEAI) (www.legacyeducationalliance.com), \n a leading international provider of practical, high-quality, and \n value-based educational training on the topics of personal finance, \n entrepreneurship, real estate, and financial markets investing \n strategies and techniques, addresses the recent announcement from its \n majority shareholder, Tigrent Inc. in which Tigrent announced plans to \n distribute substantially all of its holdings in LEAI to Tigrent \n shareholders.\n \n \n Approximately 16 million shares of LEAI common stock will be distributed \n thereby increasing LEAI’s public float significantly, ultimately \n allowing for more efficient trading of the Company’s stock. Tigrent has \n been the majority shareholder of Legacy since November 2014 and \n currently owns approximately 73% of the issued and outstanding common \n shares of Legacy. The distribution by Tigrent is anticipated to be \n completed around November 11, 2016.\n \n \n “This is a great opportunity for us to diversify Legacy’s investor \n base,” stated Anthony Humpage, CEO of LEAI. “With our global expansion \n continuing to gain momentum, a larger base of individual investors \n provides a solid foundation from which to grow shareholder value.”\n \n \n About Legacy Education Alliance, Inc.\n \n \n Legacy Education Alliance, Inc. (http://www.legacyeducationalliance.com) \n is a leading international provider of practical, high-quality, and \n value-based educational training on the topics of personal finance, \n entrepreneurship, real estate, and financial markets investing \n strategies and techniques. Legacy Education Alliance was founded in \n 1996, today we are a global company with approximately 200 employees \n that has cumulatively served more than two million students from more \n than 150 countries and territories over the course of our operating \n history.\n \n \n We offer our training through a variety of brands including Rich Dad® \n Education; Rich Dad® Stock Education; Making Money from Property with \n Martin RobertsTM; Brick Buy BrickTM; Building \n Wealth; Robbie Fowler Property AcademyTM; Women in WealthTM; \n The Independent WomanTM; Trade Up Investor EducationTM; \n and Elite Business StarTM. For more information, visit our...