Market News First Covers Manchester Inc.
DALLAS--Market News First (www.MN1.com) will be featuring a live exclusive interview with a representative of Manchester Inc. (OTCBB:MNCS) on Monday, Oct. 16, 2006 between the hours of 1:00 p.m. and 2:00 p.m. CDT. Don’t miss MN1.com’s continuous coverage of Manchester Inc.
Manchester recently closed a $300 million credit commitment and a $75 million loan for the acquisition of privately held Nice Cars Inc., headquartered in Chattanooga, Tennessee. The new acquisition operates six automotive sales lots that focus exclusively on the Buy-Here/Pay-Here segment of the used car market.
Buy-Here/Pay-Here dealerships sell and finance used cars to individuals with limited credit histories or past credit problems.
Manchester is actively exploring additional acquisitions and expects to make some new announcements in the near future.
The company was incorporated in 2002 and is headquartered in Dallas, Texas.
Don’t miss MN1.com’s continues coverage of Manchester Inc., as previously mentioned, this coming Monday, Oct. 16th between 1 p.m. and 2 p.m. Central Time.
About MN1.com
Market News First is an online, market news provider that brings investors current news regarding investments, entertainment, and sports. Market News First is the only live online video web cast that brings real news to its audience while featuring live interaction with companies from the Bulletin Board to the NYSE.
Through daily, live interviews, we bring you up to date on all the established companies and inform the investors of the newest opportunities within the market. Market News First offers one-on-one interviews with the CEOs and CFOs of companies to deliver answers to the questions that investors are concerned with most. This provides viewers the ever-important insight into the companies' present condition and future plans. Tune into MN1.com for our live video web cast each weekday from 8:30 a.m. to 8:00 p.m. Eastern time.