The Virginia Beach-based holding company announced today that its operating businesses are being divided between their two owners, William Somerindyke and Lee Tolleson.
Due solely to the differing visions on the future direction of their family of companies, both Tolleson and Somerindyke believe a split up is necessary to insure the future success, growth and sustainability of the companies. Both parties wish each other the very best in their future activities and endeavors.
Pursuant to their agreement, Somerindyke shall retain ownership of Regulus Global, while Tolleson shall retain ownership of ARK Defense, ARK Medical and Badgerwerx.
Tags: DARKA Holdings