Skydive Express: Skydive the Beach Group Ltd to reveal acquisition, placement

Skydive the Beach Group Ltd (ASX:SKB) has some interesting news on the horizon in the form of an acquisition, with a subsequent placement.The ASX has granted the company a trading halt to prepare, with its shares placed in pre-open.The halt will remain in place until the opening of trade on Monday 20th June 2016, or earlier if an announcement is made to the market. Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.