Stingray Digital Group Inc. (TSX:RAY.A) acquired Classica GmbH from Unitel GmbH & Co.KG on January 3, 2017. Stingray Digital Group Inc. (TSX:RAY.A) completed the acquisition of Classica GmbH from Unitel GmbH & Co.KG for CAD 10.7 million on January 3, 2017. The consideration of CAD 10.6 million will be paid till closing and the remaining CAD 0.092 million will be contingent payment subject to working capital adjustments.