Zinc buys Tern for £5.45m
UK-based Zinc Media is buying Tern Television Productions for a total value of up to £5.45 million (US$7.20 million). The deal for the Glasgow-based prodco Tern, which David Strachan (pictured) has led since 1988, comprises an initial £2 million, £1.1 million in surplus cash and an earn-out consideration on up to £2.35 million payable in […]