Press Release Source:
Sycamore Entertainment Group Inc. on Thursday, December 22, 2011, 1:42 pm EST
HOLLYWOOD, Calif., Dec. 22, 2011 /PRNewswire/ -- Sycamore Entertainment Group Inc. (Pink Sheets: SEGI), is pleased to announce it has signed the investment banking firm Gleacher & Company to act as its exclusive financial advisor and placement agent in connection to executing its corporate business plan for the fiscal year 2012-2013.
Under the terms of the agreement, Gleacher will bring independent insight and advice regarding debt and equity capital raising solutions. Gleacher will leverage the full resources of its advisory professionals, proprietary research and extensive institutional sales and trading teams in debt, equity and asset-backed securities to execute transactions on optimal terms for Sycamore Entertainment Group Inc.
"Our business model is clear, concise and executable. Going into 2012, working with an investment bank of Gleacher & Co.'s calibre and ability as our placement agent, levels the playing field and allows Sycamore to aggressively compete with some of the larger more established film distributors," says Edward Sylvan CEO of Sycamore.
Gleacher & Co.'s investment banking advisory group, is led by Eric Gleacher, former head of Worldwide Mergers and Acquisitions at Morgan Stanley and founder of the Mergers and Acquisitions Department at Lehman Brothers.
"Sycamore Entertainment has an exciting release slate for 2012," says Ed. "We are ready to reveal our plan to the entertainment industry."
LinkedIn: Sycamore Entertainment Group
Sycamore Entertainment is a publicly traded, diversified entertainment company that specializes in the acquisition, marketing and worldwide distribution of quality finished feature-length motion pictures. Sycamores' management team has more than 50 years' experience in the entertainment industry and utilizes its long standing relationships to provide market specific publicity, promotion, media buying, theatrical placement and Print and & Advertising financing for theatrical domestic release.
This press release contains forward-looking statements that are made pursuant to the safe harbour provisions of the Section 27A of the Securities Act and Section 21E of the Securities Exchange Act. Click To see full Forward-Looking Safe Harbour Statement
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