July 23 - WorldCatch News Network - Seattle-based Ocean Beauty Seafoods announced Friday it has signed a Letter of Intent for the purchase of seafood distribution firm, Landlock Seafood Company, Inc. of Dallas, Texas.

Ocean Beauty will form a subsidiary to purchase the operating assets and disclosed liabilities of Landlock Seafood, including the disclosed trade payables. A purchase price was not disclosed.

Landlock Seafood, established in 1978, generates approximately $50 million a year in sales distributing seafood in Dallas/Ft. Worth, Houston, and throughout the Southwest.

"We