PlayBox, Inc. (PYBX.OB) in Final Stages of Completing Delta Leisure Group Acquisition
Trading on PlayBox, Inc. (PYBX.OB), a media entertainment technology company that offers a wide variety of distribution channels for new music artists, climbed nearly 20 percent earlier this week when the company announced it is in the final stages of acquiring Delta Leisure Group, PLC, the parent company of Delta Music, one of the United Kingdom’s most successful independent record companies. Under the terms of the purchase share agreement, PlayBox will acquire 100 percent of the issued share capital of U.K.-based Delta Leisure Group PLC, a private company that owns 75 percent interest of the issued share capital of Delta…
