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Article: NeoMedia Technologies Announces 12snap Sale.
- Article from:
- PR Newswire
- Article date:
- April 4, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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FT. MYERS, Fla., April 4 /PRNewswire-FirstCall/ -- NeoMedia Technologies, Inc. (BULLETIN BOARD: NEOM) , a global leader in mobile enterprise and marketing technology, announced today it has sold 12snap AG, a wholly-owned division of NeoMedia Mobile, to the company's management and Bernd M. Michael, a former shareholder, at a total purchase price of just under $5 million.
Under the agreement, the buyer will pay $1.1 million in cash at closing with another $500,000 in escrow to be paid within 90 days. Additionally, $2 million in seller's top-off costs will be waived. Also, the new owners will provide NeoMedia with 10 percent of 12snap's total stock, a $750,000 ...
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Article: NeoMedia Technologies, Inc., Announces 4th Quarter ...
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... ... BUSINESS WIRE)--April 2, 2002 NeoMedia Technologies, Inc. (NASDAQ Small Cap: NEOM), today ... 39) per share, reported for 2000. About NeoMedia Technologies NeoMedia Technologies, Inc. (www.neom.com) develops technologies ...
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