CB Pharma Acquisition Corp. (CB) Announces Non-Binding Offer to Acquire National Holdings Corporation (NHLD)

$3.25 Per Share All-Cash Offer Represents a Significant Premium for NHLD Shareholders For interested NHLD shareholders, $3.50 Per Share in Stock of CB Acquisition Corp., for up to 50% of NHLD shares NEW YORK, Nov. 25, 2015 (GLOBE NEWSWIRE) -- CB Pharma Acquisition Corp. (NASDAQ:CNLM) ("CB") disclosed today that it submitted to the Board of Directors (the "Board") of National Holdings Corp. (NASDAQ:NHLD) ("NHLD" or the "Company") on November 18, 2015 a non-binding proposal to acquire NHLD. Under the terms of the proposed acquisition, NHLD shareholders would receive $3.25 per NHLD share in cash or, for shareholders of NHLD who choose instead to receive common stock of CB in lieu of cash, CB...