Walker Digital Holdings, LLC and GlobalOptions Group, Inc. Announce Decision to Merge, Forming New Company
July 15th, 2013 by admin
New York, NY, and Stamford, CT – July 15, 2013 – GlobalOptions Group, Inc. (“GlobalOptions”) (OTC BB: GLOI) and Walker Digital Holdings, LLC, a newly formed, wholly-owned subsidiary of Walker Digital, LLC (“Walker Digital”), announced today that they have entered into an agreement to merge. GlobalOptions will then include the patent portfolio created by Walker Digital, the research and development lab led by leading inventor and entrepreneur Jay Walker. The transaction is expected to close in the third quarter of 2013. Following the close of the transaction, GlobalOptions intends to change its name to Patent Properties, Inc.