Acorn buys Chinese equipment company

Acorn International has acquired Yiyang Yukang Communication Equipment, giving Acorn access to new mobile phone products and strengthening its distribution…

1 minute readFebruary 09, 2009 at 11:58 PM

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Acorn International has acquired Yiyang Yukang Communication Equipment, giving Acorn access to new mobile phone products and strengthening its distribution capabilities.

A wholly-owned subsidiary of Acorn made the acquisition for US$6.7 million in cash and more than 2.5 million ordinary shares.

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