Urban Communications Inc. Announces Completion of Arrangement Agreement With ACME Communications Canada, Inc.

By , in PR PR World on .

VANCOUVER, British Columbia, Nov. 15, 2017 — Urban Communications Inc. (TSX-V:UBN), is pleased to announce the completion of the previously announced arrangement agreement (“Arrangement“) between Urban and ACME Communications Canada, Inc. (“ACME“). Preceding the completion ACME and its affiliated company Dr Peng Holding Canada Inc. (“Dr Peng“) completed a vertical amalgamation pursuant to S. 185 of the Canada Business Corporations Act under the name Dr Peng Holding Canada, Inc. Urban has now become a wholly owned subsidiary of Dr Peng.

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Sarah Thompson

Sarah Thompson

Sarah is a financial reporter, focusing on technology, national security, and policing. Before joining Daily Telescope she worked as a staff writer at Fast Company and spent two years as a foreign correspondent in Turkey. Her work has been published in Al Jazeera America, The Nation, Vice News, Motherboard, and many other outlets.
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