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Short take: Navarre acquires NetRadio

Navarre acquired the remaining 50 percent ownership stake in NetRadio. Under the deal, NetRadio shareholders will receive 125,000 Navarre shares. Navarre acquired an initial 50 percent interest in NetRadio for $1.5 million in May 1996. In related news, ValueVision International acquired a 15 percent interest in the NetRadio subsidiary.

Navarre acquired the remaining 50 percent ownership stake in NetRadio. Under the deal, NetRadio shareholders will receive 125,000 Navarre shares. Navarre acquired an initial 50 percent interest in NetRadio for $1.5 million in May 1996. In related news, ValueVision International acquired a 15 percent interest in the NetRadio subsidiary.