Broadcast & Media

COMPANY & DESCRIPTION TRANSACTION
Verance Corporation
Media Information Services Provider & DRM Software Developer
Private placement of $20.5 million of Convertible Preferred Stock.
AmVideo Corporation
Cable TV Operator
Financial advisor to the company in connection with its acquisition by Prime Cable Corporation.
The Boston Phoenix
Newspaper Publisher
Financial advisor to the company in connection with its acquisition of its principal competitor.
Metro-Net Inc.
Radio Station Holding Company
Private placement of Subordinated Notes and Preferred Stock and arrangement of a Revolving Credit/Term Loan Facility in connection with a radio station acquisition.
Cirrus Technologies, Inc.
Manufacturer of Audio Broadcast
& Recording Equipment
Financial advisor to the company in connection with arranging acquisition financing, including a Revolving Credit/Term Facility, Subordinated Notes with Warrants, and Convertible Preferred Stock.
Verance Corporation
Media Information Services Provider & DRM Software Developer
Private placement of $5 million of Convertible Preferred Stock.
The Boston Phoenix
Newspaper Publisher
Financial advisor to management in connection with its acquisition of the 50% ownership held by investors.
Amvideo Corporation
Cable TV Operator
Private placement of a Term Loan.