MDTV, Vicom Cancel Merger Talks

MDU Communications decides that a merger with Vicom is not in the best interest of the company or its shareholders, after all

February 28, 2003

1 Min Read

TOTOWA, N.J. -- MDU Communications International, Inc. (OTCBB:MDTV) today announces that after careful consideration regarding a potential merger transaction with Vicom, Inc., the Board of Directors of MDTV has determined that such a transaction, at this time, is not in the best interest of the Company or its shareholders. The Company therefore has no further obligation under the Letter of Interest signed with Vicom, Inc. on December 6, 2002. MDU Communications International Inc.Vicom Systems Inc.

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