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Global Eagle Entertainment Inc Completes Acquisition Of Post Modern Group, LLC

Wednesday, 10 Jul 2013 07:31am EDT 

Global Eagle Entertainment Inc announced that it has completed the previously announced acquisition of Post Modern Group, LLC (PMG) for up to approximately $24 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. Global Eagle expects to benefit from substantial synergies that will further impact the contribution from the transaction in 2014. 

Company Quote

0.16 +1.18%
19 Dec 2014