UNION CITY, Calif., Oct. 2, 2012 (GLOBE NEWSWIRE) -- DayStar Technologies, Inc. (Nasdaq:DSTI) (" DayStar" or the " Company") today announced that it has determined not to proceed with the proposed tender offer to the shareholders of Salamon Group, Inc. (OTCQB:SLMU) (" Salamon") to acquire at least 50.1% of Salamon's outstanding shares of common stock, as announced by the Company on August 14, 2012. DayStar may in the future determine to re-evaluate its determination not to proceed.
DayStar Technologies Announces Determination Not To Proceed With Tender Offer For Majority Interest Of Salamon Group
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