StockGuru News: Silverhawk Entertainment Group to Acquire Two Entertainment Companies; Acquisition to Dramatically Transform Silverhawk
Silverhawk Entertainment Group to Acquire Two Entertainment Companies SilverHawk Entertainment Group, Inc (OTC: SVHG) Acquisition to Dramatically Transform Silverhawk TAMPA, FL–(MARKET WIRE)–Nov 13, 2006 — Silverhawk Entertainment Group, Inc. (Other OTC:SVHG.PK - News) announced it has signed a letter of intent to acquire two entertainment companies in exchange for issuance for approximately 75% of Silverhawk’s outstanding capitol stock. The transaction is subject to execution of a definitive agreement, financing, completion of an audit of Silverhawk and customary due diligence. Closing is expected within 30 days. The most significant acquisition is of a company in the music business. The Chief Executive…