Universal Media Holdings Inc has announced the acquisition of Lyric Jeans Inc.
Under the terms of the agreement signed on February 1st 2006, UMDH will merge with Lyric Jeans Inc and acquire the company by means of an exchange of the companies' respective common shares of stock.
The companies are in the process of completing details of the acquisition, and future news of the company will be announced soon.
Lyric Jeans Inc, a Florida corporation, is the innovator and manufacturer of high-end denim wear characterized by a unique design that incorporates the printing of the lyrics and titles of significant and memorable hit songs directly onto the surface of denim jeans and clothing accessories.
Through this unique fusion of fashion and music, the company plans to enter into agreements with music publishing companies and recording artists to obtain licenses for hit songs, which will be used on their exclusive line of clothing.
The company will use the lyrics and titles from all genres of music, appealing to a cross-section of various tastes and interests, thereby enabling it to market its products on a worldwide platform.