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SDDI |
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| It will utilize Sony's Betacam SX digital recording, editing and storage systems based on MPEG-2 4:2:2 Profile @ Main Level digital compression technology; SDDI networking capabilities and video file servers and play-to-air automation systems. SDDI stockholders approved the merger on February 29, 1996. In the event that the warrant exchange is unsuccessful, so that the merger with SDDI does not occur, and FTAC is unable to complete a business combination with another party by November 10, 1996, the warrants will expire with no residual value and Food Trends will be liquidated. |
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