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Advertising M&A image Advertising M&A » By The Online Investor Staff, updated Thu., Aug. 5, 12:17 AM Recent mergers and acquisitions in the Advertising M&A category.

Slide #21. OpenGate Capital PennySaver

Acquirer: OpenGate Capital
Acquiree: PennySaver (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 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

Open the HHS Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes

Strong Buy (4.00 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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Advertising M&A - Slide 21 of 38 Page |

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