Neo Advertising Italy Sold

Adrian J Cotterill, Editor-in-Chief

Rumour is that sometime last week Neo Media Group sold its interest in Neo Advertising Italy.

Neo Italy (correctly called Neo Advertising srl) came into being back in April 2008 when Neo Advertising group (as they were then) invested in the the business activities of Nodum srl, an Italian company founded in 2006.

Our Italian contacts tell us that Neo Media Group has sold their interest back to an earlier investor in Nodum srl.

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