Glossary View

On October 18, 2013, IFES Acquisition Corp. Limited, an English company (“IFES”) and an indirect wholly owned subsidiary of Global Eagle Entertainment Inc. (the “Company”), entered into Sale and Purchase Agreements (the “Purchase Agreement”) with GCP Capital Partners LLP and certain individuals (each a “Seller” and collectively, the “Sellers”) relating to the acquisition by IFES of all of the issued share capital (the “Purchased Shares”) of Travel Entertainment Group Equity Limited, a private limited company incorporated in England and Wales (“IFE” and the acquisition, the “IFE Purchase”). IFE provides media content for use by airlines in in-flight entertainment and connectivity systems. The Company completed the IFE Purchase on October 18, 2013.