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Mood Media plans new credit facility with buyout by Vector Capital
By Sara Rosenberg
New York, Dec. 1 – Mood Media plans on getting a new credit facility in connection with its acquisition by Vector Capital, according to a news release.
The company’s existing lenders, including investment funds and accounts managed by HPS Investment Partners LLC, will provide the credit facility.
Closing is expected this quarter, subject to customary conditions.
Mood Media is an Austin, Tex.-based provider of in-store media solutions.
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