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Global Eagle Entertainment Inc Announces To Acquire Post Modern Group, LLC


Thursday, 9 May 2013 08:22am EDT 

Global Eagle Entertainment Inc and Post Modern Group, LLC (PMG) announced that they have entered into a definitive agreement for Global Eagle to acquire Post Modern Group, LLC (PMG) for a total consideration of up to $23.9 million in a combination of cash and stock. The acquisition expands and strengthens Global Eagle's relationships with airlines around the world and provides entry into the cruise line industry and other non-theatrical markets. The transaction is in line with Global Eagle's strategic plan to consolidate the top content and distribution companies serving these markets. 

Company Quote

13.75
0.16 +1.18%
19 Dec 2014