CitySide Tickets, Inc. (CIST.PK) Announces LOI to Acquire International Entertainment Broker
CitySide Tickets, Inc., owner and operator of www.CitySidetickets.com, a nationwide event ticket purchasing venue that caters to a diverse selection of popular theater, music, and sporting events, today announced after the closing bell that it has signed a Letter of Intent with StadiumTickets.com, an international entertainment and event ticket broker exchange. Terms of the agreement include a 100% ownership in the StadiumTickets.com by CitySide Tickets, Inc. The lucrative secondary ticket market has completely transformed since the mid-1990’s. Commonly known as “Scalpers,” tradesmen of the illegal ticket trade can still be heard outside stadiums and concerts. But the days of the…