Millitoons Entertainment’s arm acquires 20% stake in J&K Hotels

07 Mar 2018 Evaluate

Millitoons Entertainment’s wholly owned subsidiary ‘Mient Hospitality, LLC’ in USA has acquired 20% stake in J&K Hotels, LLC an Indiana Limited Liability Company in USA. Consequently, J&K Hotels, LLC becomes associate company of Mient Hospitality, LLC.

Further, MIENT Hospitality LLC, has terminated the acquisition plan of Kirksville Hospitality due to non fulfillment of certain clauses of acquisition agreement by the seller. Earlier in September, 2017 the company had announced the acquisition Kirksville Hospitality, Inc by MIENT Hospitality LLC.

Millitoons Entertainment, an integrated design solutions company, provides animation services in India. It is involved in the business of cinematography, ad, television, video, cartoon, 3-D, and animation films; and provision of various services related to production of animation films and other movies, picture films, and toy films, as well as acquires and sells related rights.


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