Equus receives initial payment from sale of its interest in palletone, inc.

Houston, jan. 04, 2021 (globe newswire) -- equus total return, inc. (nyse: eqs) (“equus”) announced that it has received an initial payment of $18.2 million in connection with the sale of its shareholding in palletone, inc. the remaining amount, expected to be received in the second quarter of 2021, is based upon potential tax refunds and a number of post-closing adjustments relating to changes in working capital and various other balance sheet items.
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