Share this article
Share this article
DELRAY BEACH, Fla., May 11, 2021 /PRNewswire/ -- TCI Acquisition Company, Inc. (dba TCI Entertainment), a technology holding company focused on gaming and e-Commerce technology software, is excited to announce the acquisition of a patented e-Commerce gaming platform. The acquisition of assets from a Florida State Court Receivership, which was approved by the Court in Palm Beach County, Florida, was independently valued at $10,757,000 in a stock and cash transaction.
"The timing was perfect all the way around. TCI Entertainment was searching for a great investment opportunity and was introduced to the technology opportunity by the Court-Appointed Receiver, James D. Sallah. Through the hard work of all the legal teams involved throughout the entire process and including overcoming any COVID-19 delays, we finally were able to close the transaction," stated by Vince D'Antonio, Corporate Counsel.