Media Central Corporation Announces LOI to Acquire Lazarus Bleau Incorporated

December 10, 2020

Media Central Corporation Inc. has entered into a letter of intent to acquire media and marketing services firm Lazarus Bleau Incorporated for total consideration of $2.0 million, paid via the issuance of 200 million Media Central common shares. The acquisition will add two publications (Horizon Travel & Lifestyle Magazine and On The GO), expand Media Central’s monthly audience to more than 7.2 million readers, and names Lazarus Bleau executive Larry Bleau as Media Central’s new CEO.

Buyers
Media Central Corporation Inc.
Targets
Lazarus Bleau Incorporated
Location
Ontario, Canada
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.