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Enhanced Services Co

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August 26, 1998 | Bloomberg News
Enhanced Services Co. will buy the assets of Zulu-Tek Inc., the world's leading interactive advertising sales and marketing company, for about $30.2 million as it seeks a competitive edge in the growing Internet marketplace. Houston-based Enhanced Services, a maker of peripherals for portable computers, will pay about $24.2 million in stock and assume $6 million in debt, valuing the transaction at about 58 cents for each share of El Segundo-based Zulu-Tek.
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BUSINESS
August 26, 1998 | Bloomberg News
Enhanced Services Co. will buy the assets of Zulu-Tek Inc., the world's leading interactive advertising sales and marketing company, for about $30.2 million as it seeks a competitive edge in the growing Internet marketplace. Houston-based Enhanced Services, a maker of peripherals for portable computers, will pay about $24.2 million in stock and assume $6 million in debt, valuing the transaction at about 58 cents for each share of El Segundo-based Zulu-Tek.
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