Ascent Sells Off Content Distribution Business

Encompass Digital Media (www.encompass-m.com) announced a definitive agreement to acquire the global content distribution business of Ascent Media (www.ascentmedia.com) for approximately $120 million, including approximately $113 million in cash and the assumpti...

Encompass Digital Media (www.encompass-m.com) announced a definitive agreement to acquire the global content distribution business of Ascent Media (www.ascentmedia.com) for approximately $120 million, including approximately $113 million in cash and the assumption of certain debts and obligations totaling approximately $7 million.
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