Stradling client POW! Entertainment, Inc. completed its sale to Hong Kong-based firm First Creative International Limited, a Hong Kong corporation, for $11.5 million, subject to adjustments, pursuant to that certain Agreement and Plan of Merger with First Creative International Limited and Camsing Entertainment International, Inc., a Delaware corporation and wholly owned subsidiary of First Creative International Limited.
POW! (Purveyors of Wonder) Entertainment is a an American media production company formed by formed by Gill Champion, Arthur Lieberman, and former Marvel Comics editor and publisher Stan Lee.
The deal team representing POW! included James Thoma (Santa Monica), Chris Ivey (Newport Beach) and Jason Lee (Newport Beach).