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Chris Forrester 27-06-2010
worldspaceWorldSpace, Inc. said June 24 that it had closed the Asset Purchase Agreement entered into with Yazmi USA, LLC.
Worldspace will continue with some basic operations on behalf of Yazmi, which is a company controlled by Worldspace’s founder Noah Samara, during this transition period.
The agreement provided for the sale of substantially all the assets of WorldSpace and its co-debtors.
worldspaceWorldSpace, Inc. said June 24 that it had closed the Asset Purchase Agreement entered into with Yazmi USA, LLC.
Worldspace will continue with some basic operations on behalf of Yazmi, which is a company controlled by Worldspace’s founder Noah Samara, during this transition period.
The agreement provided for the sale of substantially all the assets of WorldSpace and its co-debtors.