ACCESSWIRE – Aug 9 – Northsight Capital has signed a non-binding memorandum of terms to acquire Crush Mobile Apps, a company that has developed a group of dating sites with a presence in the Latino, Israeli and African American communities, and claims ~1M members. Approval of the transaction is subject to a variety of conditions, including NCAP raising $500k prior to closing, due diligence investigation by both parties, obtaining all necessary corporate approvals, and the negotiation and execution of definitive agreements.
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Summarized by the Courtland Brooks team
