Mood Media buys franchisee

Marketing firm Mood Media said its subsidiary, Muzak, had bought the assets of one of its biggest franchisees for 27.9 million dollars in cash.

Marketing firm Mood Media said its subsidiary, Muzak, had bought the assets of one of its biggest franchisees for 27.9 million dollars in cash.

The acquired company offered a range of in-store audio, visual and even scent solutions to attract customers, and operated in the U.S. mid-Atlantic region, Mood said.

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