Tuesday, June 22, 2010

Cineplex Entertainment Announces Plans to Acquire Digital Display & Communications Inc. (DDC)

http://www.marketwatch.com/story/cineplex-entertainment-announces-plans-to-acquire-digital-display-communications-inc-ddc-2010-06-17?reflink=MW_news_stmp

Cineplex Entertainment Limited Partnership ("Cineplex Entertainment") /quotes/comstock/11t!cgx.un (CA:CGX.UN 19.70, -0.20, -1.01%) announced today its agreement to acquire DDC Group International Inc. and its subsidiaries, including Digital Display & Communications Inc. ("DDC"), a leading implementer of digital signage networks and associated products and services. DDC is a Waterloo-based digital signage company that designs, installs, maintains and operates digital signage networks on numerous software platforms in retail, financial, hospitality and entertainment markets across North America. The transaction value is approximately $3.5 million.