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Mood Media Corp announces sale of Residential Latin America operations to Stingray Digital

Friday, 10 Jan 2014 01:00pm EST 

Mood Media Corp:Says an agreement to sell its residential Latin American music operations to its long-term independent affiliate and operating partner, Stingray Digital (Stingray) for $16.3 mln.The transaction further advances Mood Media's strategy to simplify its portfolio, integrate and streamline its operations, and invest in its core businesses to growth opportunities. 

Company Quote

-0.01 -1.72%
10:23am EST