Source:Mashable!
JumpTV, an online video aggregator, has acquired CyclingTV for around $4.95 million, which is broken down into $2.21 million in cash, and $2.74 million in common stock, to be issued later this year.
The deal also includes performance-based shares that amount to a reported $6.79 million, meaning the site will need to generate nearly $11 […]
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