03:33 PM EST - JumpTV Inc. : on Friday said it signed a pact to purchase all outstanding capital stock of privately-held Sports International Group LLC through JumpTV's subsidiary, JumpTV International. The company stated that the acquisition would be financed through the issuance of JumpTV common shares at closing, which is expected to be January 3, 2007. JumpTV said it would also enter into a long-term professional services agreement with SIG president and chief executive officer Daniel Canel. JumpTV Inc.
shares T.JTV are trading down 5 cents at $7.35.