Earnings: Digital Music Group Grows Revs and Losses in Q2; Merger With Orchard Approved

Updated: The merger of Digital Music Group (NSDQ: ORCD) with indie music provider The Orchard has been approved by overwhelming ratio — 99 percent — after a shareholders vote today, reports Bizjournals. Orchard CEO Greg Scholl will lead the combined company, which will be headquartered in New York City. The company’s trading symbol on Nasdaq will also change from DMGI to ORCD. The combined business will all be conducted under the name

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