Columbus Acquisition Corp Shareholders Set to Vote On Amendment to Extend Deadline to July 15, 2009

$110 million SPAC Columbus Acquisition Corp continues to pursue its $93 million acquisition target, Integrated Drilling Equipment (IDE) Company.

Additionally, the SPAC has set April 20, 2009 as the record date for the stockholders entitled to vote at its special meeting to approve amendments to its certificate of incorporation to extend the time available for it to consummate a business combination with Integrated Drilling Equipment Company until July 15, 2009 and related proposals.

Currently, the SPAC has until mid-May to complete the acquisition.

Read the release here