MARION, IN – Ava Zinn today announced that she is exploring the potential sale of the web franchise Vote for the Girls in the United Kingdom and Australia. Ava Zinn said she has received inquiries from a few third parties regarding the potential purchase of certain of its non American assets. Ms. Zinn wishes to ensure that any divestiture it may make maximizes resources.
Ava Zinn has indicated in recent months that it will consider asset sales at valuations that reflect the strength of its properties as a means of reducing total debt outstanding over time. Ms. Zinn noted that the valuations of her internet properties, including AvaZinn.com, INNewsCenter, and Vote for the Girls USA, have reflected the strong market positions of the entities being sold. Ava Zinn.com is the flagship of Ms. Zinn’s internet properties.
Ms. Zinn said there can be no assurance that any transaction will take place. Ms. Zinn provided no definitive timetable for the evaluation process to conclude. Additional information will be provided if and when she enters into a transaction. An investment banking advisory firm to be named at a later date is assisting Ms. Zinn with the strategic evaluation process.
This news release contains forward-looking statements that are subject to various risks and uncertainties and should be understood in the context of Ms. Zinn’s publicly available reports upon request. Ms. Zinn’s future performance could differ materially from its current expectations.
About Ava Zinn
Chicagoan by birth (as a boy), Ava Zinn was brought up in Van Buren, Indiana. With an psychological/mental injury prematurely putting an end to any hopes of a promising career in special education, she went back to business to complete a course in housing and media production management. Her dedication and natural talent led her to train with some of the Indianapolis and Fort Wayne’s leading personalities, such as Bob Imperial and Marshall Davidson in Fort Wayne, and Patrice Rafferty in Indianapolis.
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