ZVUE news;
HandHeld Entertainment Buys FunMansion.com For $1.1M>ZVUE
Dec 1, 2006 06:43:00 (ET)
DOW JONES NEWSWIRES
HandHeld Entertainment Inc. (ZVUE) acquired FunMansion.com for $1.1 million in cash and notes.
The San Francisco-based provider of digital media-to-go said it will pay $350,000 in cash at closing, $150,000 in cash over 12 months and a five-year $600,000 note convertible to common stock.
HandHeld said FunMansion.com has averaged about 1.5 million unique visitors per month.
-Adam Kuczynski; 201-938-5400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
December 01, 2006 06:43 ET (11:43 GMT)