Financial Media Group acquires Wallstreet Direct, Inc.Financial Media Group (Centennial, CO), a new company that intends to focus on the marketing, advertising and financial media industries, has completed the acquisition of WallStreet Direct, Inc. (New York New York, state, United StatesNew York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of ), a multimeda provider of financial news, tools and information. No terms of the deal were given. WallStreet Direct owns Wallst.net, an online financial portal Financial Portal A website that provides a variety of financial data and information, acting as an information hub for clients who are individual investors requiring timely financial news and data to make their investment decisions. featuring news, media and financial tools for investors, and organizes investor conferences and seminars for publicly traded companies publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. . The company also publishes "WallSt.net Digest Digest: see Corpus Juris Civilis. (1) A compilation of all the traffic on a news group or mailing list. Digests can be daily or weekly. (2) Any compilation or summary. ," a print business newspaper that carries financial news and commentary. Financial Media Group coo Javan Khazali said the acquisition is "a perfect example of the type of growth oriented o·ri·ent n. 1. Orient The countries of Asia, especially of eastern Asia. 2. a. The luster characteristic of a pearl of high quality. b. A pearl having exceptional luster. 3. acquisition opportunities we are capitalizing on. The WallSt.net brand is already established in the investment community. We believe that this acquisition will greatly benefit shareholder value, as we provide WallStreet Direct the opportunities of being part of a public company." |
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