ROO Group Completes Wurld Media Acquisition

  • July 20, 2007
Online video firm ROO Group says it has completed the acquisition of strategic P2P assets of Wurld Media, the peer-to-peer distribution company. The total purchase price of the transaction was $4.3 million, consisting of $3.2 million in cash and the issuance of approximately 655,000 shares of ROO common stock.
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