Wasserstein & Co. has announced that its media services company, Broadcast Facilities, Inc (BFI) will acquire the Satellite Services Division of Crawford Communications, Inc. The acquisition will help the company become a market leading provider of outsourced broadcasting solutions for major broadcasters and media companies. The terms of the acquisition were not disclosed.
Penny Stock Professor, a leading financial publication, is pleased to alert investors of stocks on the move. Sign Up for our Free Penny Stock Picks.
Crawford Communications is a provider of turnkey broadcast solutions. Established in 1984, the company now performs more than 40,000 feeds per year, originating over 200 full time networks. The company also provides satellite services to hundreds of clients in numerous industries.
Wasserstein & Co., LP is a leading independent private equity and investment firm, focused primarily on leveraged buyout investments and related investment activities. The firm manages capital on behalf of its institutional and individual investors, including public and corporate pension funds, foreign governmental entities, endowments and foundations, and high net worth individuals. The firm historically has made investments in media, consumer products and other industry sectors. Wasserstein & Co. conducts its activities through offices in New York and Los Angeles.
Follow us on Twitter: http://www.twitter.com/pennystockspro
Sign up for the free Penny Stock Professor newsletter. To subscribe, enter your e-mail address into the frame at the bottom of this press release or visit our website.
About Us
Penny Stock Professor is a leading stock web site that allows investors and interested parties to research stocks that are on the move. We also track small cap companies that are on the brink of a financial breakout. To feature a company on our web site please contact us at the email listed below.
Please click here to read the full disclaimer.
