DIVA Acquires Money Business
Posted on December 22, 1999Digital Information & Virtual Access Inc., a Nevada corporation, has announced the signing of a stock purchase agreement to acquire Money Business, Inc., a Texas corporation, effective Dec. 17, 1999. Money Business, Inc. owns, produces and distributes the monthly magazine, The Underground Shopper and its related media products, including its website.
The Underground Shopper has expanded its publication to 5 cities, distributing over 250,000 copies and plans to continue the expansion nationwide. Sue Goldstein, founder of The Underground Shopper, is a regular contributor on CBS Positively Texas, and hosts a two hour (nationally syndicated) radio show every weekend. In addition, Sue is featured in Dallas every Friday on CBS Channel 11 Noon News. Sue also entertains the listening audience on a two hour radio call-in show on WBAP every Saturday.
Sue Goldstein, stated, "I am thrilled at the prospect of national expansion and personalized value in each individual market. With DIVA, we can bring our shopping expertise and services to new customers quickly and with multiple media options."
Joe Glover, CEO of DIVA, shared her enthusiasm, commenting, "By entering into a permanent relationship with DIVA, all facets of Money Business will share in the renewed commitment and additional financial resources that will enable the company to compete at a higher level and participate in the explosive growth and national celebrity in the cross media markets. DIVA can help accelerate the expansion and provide professional support in such extensive and critical endeavors."