Emerging Media Holdings, Inc. (EMDH.OB) Signs Agreement to Acquire TNT-Bravo Channel
The announcement was made earlier today as Emerging Media Holdings, Inc. made it official that they have signed an agreement to acquire "TNT-Bravo" channel (Mediatopprim LTD). The channel is an exclusive operator in Moldova of Russian channel TNT programs which is owned by Gazprom Media, a wholly owned subsidiary of the Gazprom Corporation. Both companies agreed to have the acquisition made in preferred stock, with the value of the stock to be priced by the appraisal and the audit of the financials of Mediatopprim LTD. The closing date has been set to be before or on April 30, 2008. "TNT-Bravo"…