Make Music Inc
Make Music Inc
MINNEAPOLIS--( )--LaunchEquity Acquisition Partners, LLC Designated Series Education Partners (“LEAP”), a sponsored entity of LaunchEquity Partners, LLC, today announced the successful completion of its previously announced acquisition of MakeMusic, Inc. (NASDAQ: MMUS) (“MakeMusic”) for $4.85 per share. LEAP acquired MakeMusic through a tender offer and short-form merger, both of which were completed today. In the merger, each outstanding share of common stock of MakeMusic, other than shares held by LEAP and its affiliates and shares as to which dissenter’s rights are perfected in accordance with applicable law, was canceled and converted into the right to receive the same $4.85 per share cash price, without interest, that was paid in the tender offer. As a result of the completion of the merger, MakeMusic has become a wholly-owned subsidiary of LEAP and the common stock of MakeMusic ceased trading on the NASDAQ Capital Market at the close of trading today. MakeMusic will make necessary filings with the Securities and Exchange Commission to end its reporting obligations under the Securities Exchange Act of 1934, as amended.