TMCnet News
PostWorks acquires assets of Mega PlaygroundApr 18, 2013 (Datamonitor Financial Deals Tracker via COMTEX) -- PostWorks, LLC, a digital motion picture and post-production company, has acquired the assets of Mega Playground (formerly Post Production Playground), a post production facility that serves the film and TV markets. Both the entities are based in the US. Deal Type Acquisition Sub-Category Asset Purchase Deal Status Completed: 2013-04-17 Deal Participants Target (Company) Mega Playground (formerly Post Production Playground) - Assets Acquirer (Company) PostWorks, LLC Vendor (Company) Mega Playground (formerly Post Production Playground) Deal Rationale This acquisition significantly adds much needed capacity to PostWorks' New York operations. |