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Paragon acquires TVAC

By BFN News | 07:26 AM | Thursday 05 April, 2012

Paragon Entertainment, a design, production and fit-out business, has acquired TVAC, a provider of strategic development, operating and project management services to the leisure attractions industry, for a maximum consideration of £300,000. This is to be satisfied by the issue of 2,317,497 ordinary shares on completion and up to a maximum of 1,158,750 ordinary shares on the first anniversary of the acquisition subject to certain performance criteria. Story provided by