Fort Mill, S.C. - Muzak and DMX, two providers of business music and media services, announced on Tuesday that they have received word that Justice Department's antitrust division has approved their proposal to merge and sell the combined company to a third party.

The companies said they have taken steps that will allow them to move quickly through the sale and integration process, including completion of an analysis of the combined entity.

They have additionally hired an investment banking firm to assist with offering the combined company to a third-party buyer.

Muzak says its business music services, for clients including McDonald's, reach more than 100 million people daily.

DMX provides music design, full motion video, audio messaging and environmental scents to clients including Starwood Hotels, 24 Hour Fitness and American Eagle.

"We are pleased with the action taken by the Department of Justice, as we believe a merger of our two companies will create significant opportunities for innovations in products and services that will result in tremendous benefit for our clients," said Muzak CEO Steve Villa.

Related Links:
http://snipurl.com/23tpt

http://www.muzak.com

http://www.dmx.com