Encompass Digital Media Buys Ascent Media's Content Distribution Business
socalTECH
DECEMBER 3, 2010
Los Angeles-based Encompass Digital Media said today that it is in a definitive agreement to acquire the global content distribution business of Ascent Media Corporation. The deal is worth approximately $120M, split between $113M in cash plus assumption of debt obligations worth approximately $7M. Wasserstein & Co.
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