Reuters logo
3 months ago
BRIEF-Camsing International Holding says unit proposes acquisition of Pow! Entertainment
May 5, 2017 / 12:16 PM / 3 months ago

BRIEF-Camsing International Holding says unit proposes acquisition of Pow! Entertainment

May 5 (Reuters) - Camsing International Holding Ltd :

* Proposed acquisition of Pow! Entertainment, Inc.

* Pursuant to merger agreement first creative will pay gross consideration of $11.5 million

* Application has been made by co to stock exchange for resumption of trading in shares with effect from 9:00 a.m. On 8 may 2017

* Under the agreement Pow Entertainment will be solely owned by First Creative

* Merger Sub will be merged with and into Pow! Entertainment as surviving entity

* Merger Sub is a direct wholly-owned subsidiary of First Creative, which is in turn an indirectly wholly-owned subsidiary of Co Source text: [Ibit.ly/2qHKcEH] Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below