Advertising M&A » By The Online Investor Staff, updated Fri., Apr. 19, 3:05 AM
Recent mergers and acquisitions in the Advertising M&A category.
Slide #21. OpenGate Capital — PennySaver
Acquirer: |
OpenGate Capital |
Acquiree: |
PennySaver (NASDAQ:HHS) |
Details: |
OpenGate Capital, LLC, a global private buyout firm, announced today that it has signed an agreement with Harte-Hanks, Inc., (NYSE:HHS) to acquire the assets comprising PennySaver including Harte-Hanks Shoppers and PennySaverUSA.com. The PennySaver business provides print and digital, hyper-local, marketing and advertising services to California-based and nationwide customers. Harte-Hanks, Inc., the direct and targeted marketing company, is divesting PennySaver to focus on its core business in digital marketing analytics. The transaction is expected to close before September 30, 2013 and, when complete, the acquired business will operate as PennySaver USA, LLC. |
Open the HHS Page at The Online Investor »
Company Name: |
Harte Hanks Inc |
Stock buyback: |
HHS buyback |
Website: |
www.HarteHanks.com |
Sector: |
Advertising |
Number of ETFs Holding HHS: |
3 |
Total Market Value Held by ETFs: |
$2.18M |
Total Market Capitalization: |
$51.00M |
% of Market Cap. Held by ETFs: |
4.28% |
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Open the HHS Page at The Online Investor (in a new window) »
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April 19, 2024 3:05 AM Eastern
Strong Buy (4.00 out of 4)
100th percentile
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