Stingray Officially Bails on Its Hostile Takeover Bid for Music Choice

Stingray has walked away from acquiring rival Music Choice. Several months ago, Stingray made an unsolicited offer to acquire rival Music Choice. The Canadian firm had offered $120 million.  However, there was a time limit attached. According to a Stingray representative, its rival hadn’t yet accepted the bid-offer.  Music Choice executives had until August 31st […]

The post Stingray Officially Bails on Its Hostile Takeover Bid for Music Choice appeared first on Digital Music News.

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