Abelard Construction Company and National Storm Management, Inc. Discontinue Merger Discussions

October 24, 2007 (PRLEAP.COM) Business News
MARYLAND HEIGHTS, MO - OCTOBER 24, 2007 - Abelard Construction Company announced in April of 2006 that merger discussions with National Storm Management, Inc. had been terminated. Terry Kiefer, President of National Storm Management, Inc., stated: "We are disappointed that the two organizations could not reach a definitive agreement, but felt it was in the best interests of both to pursue different paths. Our management team will now focus on continuing to seek other acquisition opportunities."

Brian Southard, one of Abelard's principals, resigned from his position as Vice President Sales and Marketing of National Storm Management, Inc., effective March 24, 2006.

About Abelard Construction. Abelard Construction is headquartered in Maryland Heights, Missouri, with offices in Maryland Heights; Indianapolis, Indiana; Columbus, Ohio and Brooklyn Center, Minnesota. Abelard is committed to the communities it serves, and keeps established branches in place, providing employment and resources for long-term cooperative growth. Visit www.abelardconstruction.com or call 1.888.260.ROOF.

About National Storm Management, Inc. National Storm Management is an expanding national construction company specialized in storm restoration management that works closely with affiliates in seven states.

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