LOS ANGELES, CA?(Marketwire ? Sep 29, 2011) ? Seven Arts Entertainment Inc. (NASDAQ: SAPX) (?Seven Arts?) today announced it has completed the acquisition of all of the capital stock of Big Jake Music (?BJM?), a newly formed record and multi-media entertainment company, for ,000,000 of convertible preferred stock, convertible into common stock at a premium to the market price at closing, and which is subject to restricted holding periods.
Marketwire ? Mergers and Acquisitions
Tags: acquisition, announces, Arts, Completion, Entertainment, from, Inc., Jake, Letter, Music, NASDAQ, receives, Seven
Source: http://www.miamistock.com/news/seven-arts-entertainment-inc-receives-letter-from-nasdaq-and-announces-completion-of-big-jake-music-acquisition/
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