Peace Arch Buys Out Trinity Home Entertainment For $10 million
Published on July 8, 2007 by David Castillo · No Comments
In a recent development,Peace Arch Entertainment Group Inc., the film and television entertainment company, has bought out California-based DVD distributor Trinity Home Entertainment, LLC for $10 million. The $10 million dollar deal includes acquisition costs.
Under the terms of the deal, Peace Arch is purchasing all of Trinity’s shares for around $9.5 million in cash and offering up $500,000 of Peace Arch common stock.
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