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Summation Management Inc. is the parent company of several different hospitality management corporations. Sleep Inn Inc. seeks to become one of Summation's subsidiaries. Summation and
Summation Management Inc. is the parent company of several different hospitality management corporations. Sleep Inn Inc. seeks to become one of Summation's subsidiaries. Summation and Sleep Inn enter an agreement whereby Sleep Inn will provide to Summation all its stock. For each five shares of Sleep Inn stock that Sleep Inn provides to Summation, Summation will provide to Sleep Inn one share of Summation stock. After the agreement, both Sleep Inn and Summation will remain as separate corporations. Sleep Inn and Summation have formed a: share exchange. consolidation. short sale. merger. Assessment
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