The NewsMarket to Acquire Medialink (Marketwire)

Strategic Transaction Increases the Company's Market Share, Content Archive and Service Offerings The NewsMarket will acquire all of the outstanding shares of Medialink's common stock at a price of $0.20 per share in cash. Once approved by Medialink's shareholders, Medialink's employees and services will be combined under The NewsMarket, Inc. This transaction combines The NewsMarket's digital video distribution platform with Medialink's professional services and production capabilities to create a complete video solution for corporate customers. "Video continues to be the fastest growing category in marketing services, and the combination of The NewsMarket and Medialink will create a very compelling offering for all of our customers' increasingly sophisticated demands," said Jim Lonergan, CEO & President of The NewsMarket.... [read full story]                    

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