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Invicta Group acquires assets from Magnificent Mile Marketing

Posted on: Wed, 14 Oct 2009 15:14:00 EDT

Symbols: IVIT

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Oct 14, 2009 (Datamonitor Financial Deals Tracker via COMTEX) --
IVIT | Quote | Chart | News | PowerRating -- Invicta Group, Inc., an Internet media company, has acquired specific assets from Magnificent Mile Marketing, LLC, a provider of doctors with the unique opportunity to broaden their network and increase their net worth. Both the companies are based in the US.

Deal Type    Acquisition
Sub-Category Asset Purchase
Deal Status  Completed: 2009-10-14

Deal Participants

Target (Company)   Magnificent Mile Marketing, LLC - Assets
Acquirer (Company) Invicta Group, Inc.
Vendor (Company)   Magnificent Mile Marketing, LLC

Deal Rationale

The acquisition will enable Invicta Group to strengthen its marketing services.

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