Filed Under: [ Business ] [ Hispanic News ]
Tags: Sorpresa!
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“Juniper Partners Acquisition has signed a deal to acquire Firestone Communications, the Texas-based company that owns and operates Sorpresa!, the Hispanic kids’ network, in an all-stock transaction.
Once the deal closes in the fourth quarter of this year, Firestone will become a wholly owned subsidiary of Juniper Partners Acquisition Corp., which will change its name to Juniper Content Corporation and seek a NASDAQ listing on closing. Juniper’s current stockholders will own approximately 55 percent and Firestone stockholders will own 45 percent of Juniper’s outstanding shares on closing.”
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