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Narrowstep Sale To Onstream: Deal Value Cut From $11.8 Million To $5.1 Million

Oct 7, 2008 6:36 PM

Sign of the times: Narrowstep, the online video service provider which was acquired by Onstream Media earlier in the summer for an estimated $11.8 million in an all stock transaction, will see the deal value change. From the initial 11.1 million shares that Narrowstep was supposed to get, it has…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Technologies / Formats, Broadband, narrowstep, onstream media

Online Video Service Provider Narrowstep Selling To OnStream

Rafat Ali

May 30, 2008 7:41 AM

Narrowstep, the online video service provider backed and operated by RCN founder David McCourt, has been sold to another video provider Onstream Media, in an all stock-transaction. Under the deal, the shareholders of Narrowstep will receive 11.1 million shares of Onstream’s common stock plus the opportunity to earn up to…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Technologies / Formats, Broadband, Countries, Europe, narrowstep, onstream media