BNN Corp. Announces Exercise of IPG Option.NEW YORK--(BUSINESS WIRE)--Aug. 21, 1997--Kaleidoscope Media Group (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:BNND) announced Thursday that The Interpublic Group of Companies This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. has completed the purchase of 100% of Kaleidoscope Sports & Entertainment LLC, and agreed to pay a negotiated purchase price in full rather than over a three year period. Further details will be made available in the company's 8-K filing. BNN Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on BB:BNND) is a vertically integrated sports and entertainment marketing company with offices in New York, Los Angeles, Miami and Detroit. Kaleidoscope Media Group's operating companies are Seagull Entertainment, Hollywood Connection LLC (direct marketing), and Kaleidoscope Consulting. Current KMG sports properties include golf, tennis, boxing and football. KMG produces internationally recognized television programs, including "Tarzan" (series), "Team Xtreme" (series) and "Merlin." CONTACT: BNN Corp. Henry Siegel, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , 212/779-6601 |
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