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Television & Radio M&A image Television & Radio M&A » By The Online Investor Staff, updated Fri., Mar. 29, 5:51 AM Recent mergers and acquisitions in the Television & Radio M&A category.

Slide #8. LIN Media Stock of Federated Media Publishing, Inc.

Acquirer: LIN Media (NASDAQ:LIN)
Acquiree: Stock of Federated Media Publishing, Inc.
Details: LIN Media LLC ("LIN Media"; NYSE:LIN), a local multimedia company, announced that it has completed its acquisition of the stock of Federated Media Publishing, Inc. ("Federated Media"), the industry-leading digital content and conversational marketing company, for $22.4 million. The transaction will be treated as an asset acquisition for tax purposes and the purchase price is inclusive of $3.6 million of net working capital. On February 6, 2014 at 9:00 AM (ET), the Company will further discuss this acquisition during its regularly scheduled fourth quarter and full year 2013 earnings call.

Linde is an industrial gas company. Co.'s primary products in its industrial gases business are atmospheric gases (oxygen, nitrogen, argon, and rare gases) and process gases (carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene). Co. also designs and builds equipment that produces industrial gases and provides customers a range of gas production and processing services such as olefin plants, natural gas plants, air separation plants, hydrogen and synthesis gas plants and other types of plants. Co.'s reportable segments are: Americas, Europe/Middle East/Africa, and Asia/South Pacific; a fourth reportable segment which represents Co.'s Engineering business.

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Company Name:  Linde PLC (New)
Stock buyback:  LIN buyback
Website:  www.linde.com
Sector:  Specialty Chemicals
Number of ETFs Holding LIN:  119
Total Market Value Held by ETFs:  $33.08B
Total Market Capitalization:  $225.16B
% of Market Cap. Held by ETFs:  14.69%
 

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March 29, 2024    5:51 AM Eastern
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Buy (3.48 out of 4)
55th percentile
(ranked higher than approx. 55% of all stocks covered)

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