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KVH Industries Inc Acquires Headland Media Ltd

Monday, 13 May 2013 02:00am EDT 

KVH Industries Inc announced that it has acquired Headland Media Ltd, a media and entertainment services company. Headland Media is a provider of commercially licensed news, sports, movies, and music content that they sell in the maritime, hotel, and retail markets. The $24.0 million transaction is financed from its cash on hand and proceeds from its existing credit facility. 

Company Quote

-0.03 -0.23%
23 Jan 2015