Media M&A » By The Online Investor Staff, updated Sat., Apr. 20, 12:40 PM
Recent mergers and acquisitions in the Media M&A category.
| This Slide: #90 of 100 |
Slide #90. 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 »
|
||||||||||||||||||||||||
Open the HHS Page at The Online Investor (in a new window) »
 Free HHS Email Alerts:
Get SEC Filing Alerts Get Dividend Alerts 
|
Avg. Broker Rec.
|
Strong Buy (4.00 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data; powered by Xignite |
