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Galleon goes for promotion.(Business)
From:
The Birmingham Post (England)
| Date:
May 11, 2004
| COPYRIGHT 2004 Birmingham Post & Mail Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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West Midlands new media group Galleon Holdings yesterday snapped up promotions company Croco Worldwide Sourcing in a deal worth pounds 750,000.
Galleon, headed by entrepreneur Jim Driscoll, said it had acquired the entire share capital of Croco for a consideration of 75 million Galleon shares at 1p each.
Mr Driscoll, Galleon's chairman, said: 'I am delighted that we have completed this acquisition.
'It adds a new dimension to the group and gives us...