|This Slide: #34 of 100|
Slide #34. LIN Media — Stock of Federated Media Publishing, Inc.
LIN Media (NYSE:LIN)
Stock of Federated Media Publishing, Inc.
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 main 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, engineers, and builds equipment that produces industrial gases for internal use and provides its 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 segments include Americas, Europe/Middle East/Africa and Asia/South Pacific, along with its Engineering business.
LIN SEC Filing Email Alerts Service
Open the LIN Page at The Online Investor »
Strong Buy (3.65 out of 4)
(ranked higher than approx. 69% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite