Dec 14 (Reuters) - Stingray Digital Group Inc RAYa.TO :
* Acquires Digital Music Distribution Pty. Ltd., a major player in Australia's
media industry
* All-cash AUD $12 million transaction includes an amount equivalent to 66%
payable to DMD upon the closing of the purchase
* Transaction includes a 34% holdback to be released upon the completion of various post-sale requirements by Stingray
* Source text for Eikon ID:nMKWN3KfNa
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