Reeltime Media Ltd: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Reeltime Media Ltd Announces Acquisition Of Adtraction Marketing Limited's Digital And Media Marketing Business
Reeltime Media Ltd announced that it has entered into a Terms Sheet with Adtraction Marketing Limited for the acquisition of its digital and media marketing business. Adtraction is a New Zealand based company with its head office operating out of Wellington. The consideration for the acquisition is NZD1,000,000 (New Zealand Dollars), comprised of NZD350,000 cash, plus shares to the value of NZD650,000. The Company is also assuming certain obligations of the business. The transaction is subject to due diligence by the Company.
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