Blue Grizzly Truck Inc. reaches agreement to acquire Music and Entertainment Network Inc.POMPANO BEACH Pompano Beach (pŏm`pənō), city (1990 pop. 72,411), Broward co., SE Fla., on the Atlantic coast and the Intracoastal Waterway; inc. 1908. It is a resort city with ocean beaches, excellent fishing, and a harness-racing track. , Fla.--(BUSINESS WIRE)--Jan. 22, 1996--Blue Grizzly Truck Inc. announced Monday that it has reached an agreement to acquire all the outstanding shares of the Music and Entertainment Network Inc. and changed its name to the Music and Entertainment Network Inc. (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:MENW). Music and Entertainment Network Inc. is in the business of producing records, concerts, and entertainment special events and selling related products. Mike Pinera, formerly the founder of the rock group Blues Image, and lead singer of The Iron Butterfly Iron Butterfly An options strategy that is created with four options at three consecutively higher strike prices. The two options located at the 'middle strike' create a long or short straddle (one call and one put with the same strike price and expiration date) depending on , will serve as president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of the company. CONTACT: Music and Entertainment Network Inc., Pompano Beach Mike Pinera, 305/978-0300 or Equity Investors Inc., 602/912-9777 |
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