Stran Proposes Reverse Takeover of Long Blockchain Corp.

Stran Proposes Reverse Takeover of Long Blockchain Corp.

Andy Shape, co-founder and president of Stran Promotional Solutions (asi/337725), has clarified a previous report that the Quincy, MA-based distributor is merging with parent company Long Blockchain Corp. (LBCC). Although the two companies have still entered a nonbinding letter of intent, Shape says that Stran is proposing a reverse takeover of LBCC.