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Cyclon Capital to sell $10 million of stock in private placement
By LLuvia Mares
New York, Jan. 10 - Cyclon Capital Corp. announced it plans to sell $10 million in a private placement of stock to investor Fric Holding AG from Switzerland.
The company plans to use proceeds toward acquisitions and its business plan.
New York-based Cyclon is a company comprised of various subsidiaries in sports and entertainment and focuses internet, mobile phones, online communities, TV and radio.
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