Sunair Responds to Plan to Remove Board

Sunair Services, Inc. has responded the filing of an Information Statement by a group of stockholders regarding their intention to seek removal of the board by written consent of a majority of shareholders by issuing a press release. In the press release, Sunair raises a question as to whether the group has the required number of consents and states that it believes the Information Statement contains false and misleading statements.  It also states that it believes the group may be may be engaging in an unauthorized solicitation of proxies.  The press release also questioned the motives of the one ofthe … Read more

Vila & Son Landscaping Corp. Announces Acquisition of Scapes Environmental Group Inc.

MIAMI, Feb. 3 /PRNewswire/ — Vila & Son Landscaping Corp., a full service landscape company servicing the State of Florida, announced today that it has acquired Scapes Environmental Group Inc. located in the Tampa Bay and Naples region of West Florida. Scapes Environmental Group Inc., founded in 2002 is run by James “Jamie” B. Boynton III, President and CEO of the firm. Having served in the industry for over 25 years with such high profile clients as Hyatt Corporation, Walt Disney World, Grand Cypress Resort, the Atlanta Olympic Committee and, the New York Yankees, Jamie has been able to perfect … Read more

The Latest on the SunAir Saga

A group of shareholders who collectively own 39.6% of the shares of SunAir Services, Inc. jointly filed a Schedule 13D with the Securities and Exchange Commission disclosing their ownership. The group also filed a Preliminary Information Statement disclosing their plan to remove the directors of SunAir. The group plans to avoid a shareholder meeting by having written consents from a majority of SunAir’s shareholders. The group indicates that is their intention to sell the company. Although they appear to be related to Massey Services, Inc., this does not necessarily mean that Massey Services will be the ultimate acquiror. Stay tuned … Read more

Massey Withdraws Offer for Sunair

In an SEC filing on Friday, January 23, Massey Services, Inc. announced that it had withdrawn its offer for Sunair Services, Inc. after Sunair hired an advisor to conduct a sale process. The following is an excerpt of Massey’s statement: Board of Directors of Sunair Services Corporation On behalf of Massey Services, Inc. (“Massey”), we submit this letter to the Board of Directors of Sunair Services Corporation (the “Board of Directors.”) The purpose of this letter is to notify the Board of Directors that our non-binding offer to acquire 100% of the common stock of Sunair Services Corporation (“Sunair”) is … Read more

Sunair Engages Firm to Explore Strategic Alternative

BOCA RATON, Fla., Jan. 20 /PRNewswire-FirstCall/ — Sunair Services Corporation (Amex: SNR – News) today announced that it has retained Hyde Park Capital Partners, LLC, an investment banking firm, to explore a range of strategic alternatives, including a possible sale of the Company. Jack Ruff, Chief Executive Officer and President of Sunair Services commented, “We are committed to enhancing shareholder value and believe that we are positioned to continue to build our business. At this juncture, we have the opportunity to examine potential combinations that may enhance Sunair’s long-term potential. This might lead to a new strategic partnership or the … Read more