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Thursday, May 31, 2012

BNS Holding Announces Completion of Transaction with Steel Excel

Intends to Distribute Remaining Assets to Stockholders and Liquidate LOS GATOS, Calif., May 31, 2012 /PRNewswire/ -- BNS Holding, Inc. (Other OTC:BNSSA.PK) ("BNS") announced today the completion of its previously announced transaction with Steel Excel Inc. (Other OTC:SXCL.PK) ("Steel Excel"), whereby Steel Excel acquired all of the capital stock of BNS's operating subsidiary, Sun Well Services, Inc. ("Sun Well").  The acquisition of Sun Well constitutes the acquisition of substantially all of B...continued
    

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