TM Entertainment and Media, Inc. Files Annual Report

TM Entertainment and Media, Inc., a $82 million SPAC priced in October 2007, has filed its annual report. The SPAC, which has specified entertainment, media, digital or communications as target industries for acquisitions, has yet to identify an acquisition, and has recently resolved a proxy fight with major investor Opportunity Partners LP.

The SPAC has until mid-October to identify and complete an acquisition.

Read the annual report here