Twistbox merging with Mandalay Media
Mobile content producer and publisher Twistbox Entertainment announced a reverse merger with publicly-traded Mandalay Media, a development stage company operated by Trinad Master Fund. Per terms of the agreement, Twistbox will become a wholly-owned Mandalay Media subsidiary, with shareholders and other security holders receiving shares of Mandalay common stock--upon closing, which is expected in the first quarter of 2008, Twistbox CEO Ian Aaron will remain at the helm.
For more on the Twistbox/Mandalay deal:
-read this release
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