<GEN TERM CORP> ACQUIRES PRIVATE FIRM
Gen Term Corp said it entered
into escrow for the 5.2 mln dlr purchase of Lewis-Westco and
Co, a privately-held bottler and distributor of wines and
distilled spirits.
Lewis-Westco had sales of more than 45 mln dlrs for its
fiscal year ended June 30, Gen Term also said.
Separately, Gen Term, which trades over-the-counter, said
it plans to apply for NASDAQ listing after it completes the
acquisition.