Deal Snapshot
PROBILITY MEDIA CLOSES ACQUISITION OF EDUCATIONAL AND REFERENCE MATERIALS EXPORTER CRANBURY
Friday 11 August 2017

Texas, US-based educational technology company ProBility Media Corp. (OTCQB: PBYA) has closed the acquisition of Vermont, US-based educational and reference materials exporter Cranbury International to expand educational and training product offerings in the Caribbean, South America and Central America, the company said.
With closing of the definitive agreement, ProBility purchased 100% of the common stock of Cranbury and issue a 6% note in the amount of USD 100,000 to Cranbury's former owners. The company issued 400,000 in shares of ProBility common stock to sellers.


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Details
Date Published: 11/08/2017
Target: Cranbury International
Country: USA
Deal Size: 352k (USD)
Sector: Business and Consumer Services
Type: Corporate acquisition
Financing: Cash and Stock
Status: Closed
Vendor:
Buyer: ProBility Media Corp
Comment:


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