April 30, 2018 / 11:54 AM / 6 months ago

BRIEF-Kew Media Group - Agreed To Acquire Essential Quail Media For An Initial Purchase Price Of AUD$32.8 Mln

April 30 (Reuters) - Kew Media Group Inc:

* KEW MEDIA GROUP - HAS AGREED TO ACQUIRE ESSENTIAL QUAIL MEDIA GROUP FOR AN INITIAL PURCHASE PRICE OF AUD$32.8 MILLION

* KEW MEDIA GROUP - DEAL IS COMPRISED OF AUD$20 MILLION IN CASH & AUD$12.8 MILLION IN CLASS B SHARES OF KEW VALUED AT C$10.00 PER SHARE Source text: (bit.ly/2JAXUSA) Further company coverage: (Reuters.Briefs@thomsonreuters.com)

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