Capital pool company Western e-com has agreed to acquire issued and outstanding securities of Media Touch Systems parent company OMT Technologies. WEC would get outstanding shares of OMT for an aggregate acquisition price of $3.5 million, at $.50 per share.
Canada-based OMT is a broadcast equipment wholesaler, custom application software programmer and pre-packaged computer software publisher. It acquired the Media Touch technology, trade name and client base in 1995.
Capital Company to Acquire Media Touch Parent OMT
Capital Company to Acquire Media Touch Parent OMT