business Mar 07

TGI Solar Power signs LOI to acquire XGC Corp for $1.8M

AI-Generated from Seeking Alpha
1. What is the full form of LOI in the news summary?
2. How much is TGI Solar Power planning to acquire XGC Corp for?
3. What type of company is XGC Corp?
4. What does TGI Solar Power specialize in?
5. What does LOI signify in business deals?