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Trans World Entertainment (TWMC) Acquires etailz

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Trans World Entertainment Corporation Announces the Purchase of etailz, Inc., Digital Marketplace Retail Expert

October 17, 2016 4:30 PM EDT

Combination of Distinct Yet Complementary Businesses Creates Unique Total Retail Entity Positioned for Growth

The Company Will Host a Conference Call on Tuesday, October 18 at 10:00 a.m. ET

Highlights:

etailz is an innovative and leading digital marketplace retail expertCapitalizes upon immediate opportunity to diversify into the fastest growing segment of retail: the digital marketplacePurchase price of approximately $75 million payable in cash and stock, including potential contingent payments for the achievement of predetermined financial... More