BabyUniverse Raises $2 Million in Private Placement
Jupiter, Fla. - BabyUniverse, an online retailer and content publisher in the pregnancy, baby and toddler market, has raised $2 million in a private placement of stock with affiliates of Wyndcrest Holdings, an investment company controlled by BabyUniverse CEO John Textor. The company sold about 260,000 shares at a price of $7.58 a share. The funds will be used for general corporate purposes, BabyUniverse said.
http://biz.yahoo.com/prnews/060925/clm507.html?.v=47
http://www.babyuniverse.com
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