June 22 (Reuters) - Stream Group Ltd SGO.AX :
* TO ACQUIRE MAYFIELD GROUP INVESTMENTS
* ACQUISITION PRICE IS $25 MILLION
* ACQUISITION TO BE FULLY FUNDED THROUGH ISSUE OF NEW STREAM SHARES
* CO'S BOARD TO BE RESTRUCTURED WITH 3 REPRESENTATIVES APPOINTED BY MAYFIELD
* GENERAL MEETING TO INCLUDE RESOLUTION PROPOSING CONSOLIDATION OF STREAM SHARES ON 1:125 BASIS
* JON HOBBS CEO OF MAYFIELD TO BE APPOINTED CEO OF STREAM UPON COMPLETION
* CURRENT CHAIRMAN OF STREAM, LARRY CASE, TO REMAIN AS NON-EXECUTIVE CHAIRMAN