October 4, 2016 / 6:31 AM / a year ago

BRIEF-Catena Media buys social media sports news website in UK

Oct 4 (Reuters) - Catena Media Plc :

* Acquires UK-based SBAT, social media sports news, betting and tips website

* Purchase price amounts to upfront payment of 3.2 million euros ($3.58 million) with additional earn-out of maximum of 10.5 million euros

* Says with acquisition strengthens and diversifies its position within paid media by adding social media advertising Source text: bit.ly/2doCnj9 Further company coverage: ($1 = 0.8941 euros) (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below