“Our charge is to now focus on scaling and optimizing Pixel Mags through internal growth and acquisitions," Kleinman said. "Solaris will now focus on Pixel Mags and the market position it has already established. That should enhance our commercial strategy and deliver value to our shareholders." (N.K)
“Acquisition Opportunities: The Company believes that there are number of acquisition opportunities which are more closely aligned to its core business and which will result in less dilution than the terminated acquisition. The Company will evaluate and, when appropriate, pursue these opportunities.” (N.K)
“According to a source with knowledge of the situation, a “young” investor with a tech background has made a bid in recent months to acquire Texture.” (NYPost)
“Loughlin declined to be specific but said revenue is in excess of $20 million and subscribers rose by 50 percent last year. He expects a similar subscriber jump this year.” (NYPost)
***PIXELMAGS /SPCL ** is already working with at least 2 Companies that Own Texture - Could this be our *** NEXT ACQUISITION ***???
“Texture is a joint venture among media giants ****** Hearst; ****** Condé Nast; Rogers Communications; Meredith and Time Inc., which recently agreed to merge; and News Corp., which owns The Post.” (NYPost)
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