Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Catena Media acquires US stock news portal Hammerstone
June 15, 2018

Stockholm-listed performance marketing specialist Catena Media is further expanding its presence in the financial services sector with the acquisition of The Hammerstone Group. Hammerstone generates quarterly sales of about USD 450,000. The initial purchase price, payable in conjunction with the transfer of the assets, amounts to an upfront payment of USD 5m of which USD 2, can be paid with newly issued shares in Catena Media at prevailing market rates and the remainder in cash.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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