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The acquisition of OES could enhance OII's revenue sources, similar to past acquisitions boosting market presence.
What happened, with direct paths to the underlying reporting
OII and Infinite Acquisitions entered a LOI to acquire OES. OES has 25 years of award-winning experience in themed entertainment. Infinite Acquisitions to partner with Falcon's Beyond for OES operations. Existing OES customers will continue receiving same services post-transaction. Transactions remain nonbinding and under due diligence review.
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