Auction Floor, Inc. , a leading provider of auction technology and e-commerce solutions announced today that it has finalized an asset purchase agreement to acquire certain assets of e-Scrap Destruction, LLC. Their web site can be located at http://www.escrapdestruction.com. E-Scrap is a regional leader in the recycling of e-waste and the handling of excess inventory and returns. E-Scrap is an innovator in the utilization of environmentally-friendly green technologies for electronics and other product categories. The closing of the asset acquisition is subject to standard due diligence, board approval of both parties and the closing of a financing concurrent with the acquisition. There is no guarantee that we will be able to close the acquisition.

Posted: 04|3|09 at 3:43 pm. Filed under: Auction News.