Kensington Leasing acquires Wikifamilies - MarketLine Financial Deals

Kensington Leasing acquires Wikifamilies

Kensington Leasing acquires Wikifamilies - MarketLine Financial Deals
Kensington Leasing acquires Wikifamilies
Published May 20, 2011
2 pages — Published May 20, 2011
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Brief Excerpt:

...Kensington Leasing, Ltd. has acquired all of the outstanding securities of Wikifamilies and Wikifamilies.com, an Internet-based social media web site, in exchange for 31,500,000 shares of common stock of Kensington Leasing. Announcement (February 22, 2011): Kensington Leasing has entered into a non-binding letter of intent to acquire all of the outstanding securities of Wikifamilies and Wikifamilies.com. According to the agreement, Wikifamilies has agreed to receive an amount of common stock as a consideration, representing a controlling interest in Kensington Leasing. Target Wikifamilies.com Acquirer Kensington Leasing, Ltd. Deal status Completed Deal category Acquisition Deal sub-category 100% acquisition Date of announcement Feb 22, 2011 Date of completion May 20, 2011...

  
Source:
Document ID
MA51911_110224
Country
Ticker
KNSL=US
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MarketLine Financial Deals—MarketLine Financial Deals – Identifying and tracking major financial activity across our full scope of company and sector coverage, MarketLine Financial Deals covers mergers & acquisitions, private equity/venture capital backed buyouts, investments, and exits, IPOs and secondary and follow on offerings, and private placements and exits. Additional non-corporate financial deals including partnership agreements, joint ventures, co-development and research, licensing and co-marketing agreements are also available.

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MLA:
MarketLine Financial Deals. "Kensington Leasing acquires Wikifamilies" May 20, 2011. Alacra Store. Dec 05, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Kensington-Leasing-acquires-Wikifamilies-2052-61404>
  
APA:
MarketLine Financial Deals. (2011). Kensington Leasing acquires Wikifamilies May 20, 2011. New York, NY: Alacra Store. Retrieved Dec 05, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Kensington-Leasing-acquires-Wikifamilies-2052-61404>
  
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