Tla Worldwide Plc L (TLWDF) 0.4900 $TLWDF AAPC
Post# of 273254
AAPC Announces Agreement to Acquire TLA Worldwide plc
PR Newswire - Tue May 03, 1:14AM CDT
AAPC (NASDAQ:AAPC) and TLA Worldwide plc (AIM:TLA) today announced an offer by AAPC to acquire TLA for stock and cash consideration to result in a combined company with an initial enterprise value of slightly greater than $200 million. TLA Worldwide will delist from the AIM on the London Stock Exchange following the transaction and the combined company will trade on the NASDAQ stock exchange. TLA's executive management team will remain with the combined company, which will be led by TLA's co-founders, Bart Campbell, Chairman, and Michael J. Principe, CEO.
AAPC: 10.45 (unch)