February 22, 2018 / 7:51 AM / 3 months ago

BRIEF-Huntsworth Says Acquisition Of 75% Of Abovenation Media, Llc

Feb 22 (Reuters) - Huntsworth Plc:

* ‍ANNOUNCES ACQUISITION OF 75% OF ABOVENATION MEDIA, LLC FROM STEVE MINICHINI AND JOHN LEE FOR INITIAL CONSIDERATION OF $1.75M​

* SAYS DEAL FOR INITIAL CONSIDERATION OF $1.75 MILLION

* ‍INITIAL CONSIDERATION WILL BE FINANCED THROUGH GROUP’S EXISTING FACILITIES​

* ‍MAXIMUM AMOUNT OF TOTAL CONSIDERATION PAYABLE IS CAPPED AT $25M ​ Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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