LifeSoft Corp., of Canton, Ohio, announced Monday it has merged with Salt Lake-based PetsMarketing Inc.
LifeSoft President Roger Kimmel said the company has changed its corporate name from LifeSoft to PetsMarketing and that NASDAQ has assigned the trading symbol PMRK as a result of the renaming.
Terms of the transaction were not announced, although Kimmel said the merger "was a stock-for-stock transaction" that became effective Friday.
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PetsMarketing officers and directors have replaced the officers and directors of LifeSoft. The new directors and officers are W. Russell Smith III, president, chief executive officer and director; and Robert Cashman, secretary and director.