Aug 30 (Reuters) - Magindustries Corp:
* Update on proposed transaction with COMPLANT
* Says continues in active dialogue with complant on a non-exclusive basis
* Approval from complant's controlling shareholder, state development and
investment commission still pending
* Says is re-assessing other options in light of the dramatic changes occurring
in the industry
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Update on proposed transaction with COMPLANT
* Says continues in active dialogue with complant on a non-exclusive basis
* Approval from complant's controlling shareholder, state development and
investment commission still pending
* Says is re-assessing other options in light of the dramatic changes occurring
in the industry
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.