 Trans World Entertainment Nasdaq TWMC, TWEC or the Company announced today that at a special shareholders meeting held on February 17, 2020 more than two-thirds of the Companys shareholders approved the previously-announced sale of substantially all of the assets constituting its For Your Entertainment FYE segment to a subsidiary of Sunrise Records and Entertainment Ltd. Sunrise, the parent of Sunrise Records in Canada and HMV Records in the United Kingdom, for 10 million in cash, subject to a net inventory and other adjustments, plus the assumption of certain liabilities the Transaction. The closing of the Transaction is subject to the satisfaction or waiver of customary closing conditions set forth in the purchase agreement, including the receipt of certain third party consents which are expected shortly. 