Tangible Asset Galleries and Web Firm to Merge

Tangible Asset Galleries Inc. in Newport Beach said it agreed to merge with Hotel Interactive Inc., a privately held publisher of news and information on the Internet, through an exchange of stock.

Tangible, a retailer, wholesaler and auctioneer of art, rare coins and other collectibles, posted a third-quarter loss of nearly $270,000 as revenue increased 38% to $7.6 million. The over-the-counter stock last traded March 7 at 19 cents a share.