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Ubiquity Broadcasting Corp enters initial negotiations to acquire Stray Angel Films

Thursday, 27 Feb 2014 09:00am EST 

Ubiquity Broadcasting Corp:Say it is finalizing its negotiations to acquire the assets of Stray Angel Films, a privately-held video and film production company based in Los Angeles.Purchase all of the assets of Stray Angel for an aggregate value of $3,000,000 to be paid in the company's restricted common stock.Following the closing of the transaction, Stray Angel will be integrated as a new division of Ubiquity.Key members of the Stray Angel management team will join Ubiquity under employment or consulting agreements. 

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0.038 +6.76%
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