KOCH Entertainment: KOCH Entertainment Finalizes Navarre Acquisition
Financial Services May 31st, 2007
PORT WASHINGTON, NY (MARKET WIRE) KOCH Entertainment (the "Company") today announced that its acquisition of Navarre Entertainment Media Inc. was finalized. Navarre Entertainment Media is a distributor of independent music labels in the United States. Navarre Entertainment Media generated over $50 million in net revenues during its last fiscal year which ended on March 31, 2007. The Company believes that the acquisition represents a