Thursday, June 14, 2007

UPDATE 1-DG FastChannel to buy advertising services firm

(Reuters) - This is the Irving, Texas-based company's third acquisition
since April, when it had agreed to buy Point.360's
advertising distribution operations and privately held
Pathfire.




DG FastChannel plans to finance the GTN transaction with
cash on hand and through borrowings under its existing credit
facility, it said in a statement.


Read more at Reuters.com Mergers News

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