The $65 million acquisition??


Senior Member
Korean, South Korea.
Sony Pictures Entertainment has leapt into the new media ring by picking up Grouper Networks, a video sharing Web site.The $65 million acquisition of the Sausalito-Calif.-based company opens up great future for Sony.


What is the $65M. acquisition likely to indicate here? Does it mean that It
took 65M. worth of money for sony to merge with the company or the merge itself is worth around $65M?

which's right..I don't really know :confused:
  • Back