Azoff Team Lands TBA Entertainment.

Manager and entrepreneur Irving Azoff and entertainment industry executive Robert Geddes have acquired live events producer TBA Entertainment Corp. The deal was done via a partnership with JHW Greentree Capital LLC. Under terms of the merger agreement, the partnership will acquire all of TBA's stock for cash consideration in the amount of $6,150,000, which, after deduction of certain transaction expenses, results in net consideration of $0.67 per share of common stock and $0.70 per share of preferred stock.