Williamsville Sears Management, Inc. (OTCPK:WSML) signed a letter of intent to acquire 70% stake in Turner Wright Limited on May 29, 2018. The stock-swap transaction is subject to the approval by both companies of definitive documents and the achievement of certain other milestones. The transaction is expected to close in July. Williamsville Sears Management, Inc. (OTCPK:WSML) cancelled the acquisition of 70% stake in Turner Wright Limited on October 22, 2018.