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Article: The Walt Disney Company to Acquire Outstanding Shares of Jetix Europe
- Article from:
- Wireless News
- Article date:
- December 13, 2008
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Wireless News
12-13-2008
The Walt Disney Company to Acquire Outstanding Shares of Jetix Europe
WIRELESS NEWS-December 13, 2008-The Walt Disney Company to Acquire Outstanding Shares of Jetix Europe (C)2008 10Meters - http:/ /www.10meters.com
The Walt Disney Company announced that one of its subsidiaries has entered into agreements to acquire outstanding shares of Jetix Europe N.V. for EUR 11 per share, which will bring Disney's ownership of the pan-European kids entertainment company to approximately 96 percent.
Completion of the transaction is expected to take place before the end of the year. Following such completion, Disney said it intends to obtain ownership of 100 percent of the ...