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Article: Palm Desert Art, Inc. Finalizes Terms for Kenneth Behm Galleries Acquisition.
- Article from:
- Business Wire
- Article date:
- October 4, 1999
CopyrightCOPYRIGHT 1999 Business Wire. 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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PALM DESERT, Calif.--(BUSINESS WIRE)--Oct. 4, 1999--
Palm Desert Art, Inc. (OTC BB:PDAP) announces the finalization of financial terms for the acquisition of Kenneth Behm Galleries, Ltd., of Seattle, Washington.
The acquisition is expected to be completed within the next 30 to 45 days.
Kenneth Behm Galleries' gross revenues of $4,500,000 will double Palm Desert's current revenue base. Total revenues do not include those of the newly launched on-line ...