Toys / Games
Fortitude Group Inc Executes Agreement To Purchase 51% Of Smart Workout Inc
Fortitude Group Inc announces that it has entered into an agreement with Smart Workout Inc a Hi End fitness club located in East Midtown NYC. Under the terms of the agreement the Company will acquire 51% NOI of Smart Workout Inc.'s present and future operations. Financial terms of the transaction were not disclosed.
Summer Infant Inc Announces Acquisition of Little Looster Potty Training Accessory
Summer Infant Inc announced that it has acquired the assets of Little Looster, LLC., a designer and manufacturer of the Little Looster potty training step stool. The transaction is expected to be immediately accretive. Under the terms of the transaction, Summer Infant has acquired all of the company's intellectual property, which includes a patent, trade names and website, as well as the tooling (injection mold) for manufacturing, for a purchase price of approximately $100,000 in cash and an ongoing royalty payment.
Shenzhen Zhongqingbao Interaction Network Co Ltd to Acquire Property
Shenzhen Zhongqingbao Interaction Network Co Ltd announced that it has decided to acquire a building located in Fuzhou city, for RMB 13,376,960 in total, from a Fuzhou-based company which is engaged in development of software industry park.
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