BRIEF-Atlantic Acquisition Says On March 28 Entered Into Merger Deal With Unit And HF Group Holding

April 3 (Reuters) - Atlantic Acquisition Corp:

* FORMER SHAREHOLDERS OF HF WILL RECEIVE ABOUT 19.97 MILLION SHARES OF ATLANTIC COMMON STOCK AS CONSIDERATION FOR MERGER

* UPON DEAL CLOSING UNIT WILL MERGE WITH AND INTO HF, RESULTING IN HF BECOMING A WHOLLY OWNED UNIT OF CO

* AFTER CLOSING OF DEAL, CO'S S BOARD TO CONSIST OF NO MORE THAN 7 DIRECTORS, ALL OF WHOM WILL BE DESIGNATED BY HF Source text: (bit.ly/2q0UmBH) Further company coverage: