March 6, 2018 / 1:46 PM / 7 months ago

BRIEF-Catena Media Agrees On Pre-Payment Of Earn-Out

March 6 (Reuters) - CATENA MEDIA PLC:

* CATENA MEDIA AGREES ON PRE-PAYMENT OF EARN-OUT IN RELATION TO THE ACQUISITION OF THE AFFILIATE RELATED ASSETS IN BEYONDBITS MEDIA LTD.

* UNDER SETTLEMENT AGREEMENT CATENA MEDIA WILL PAY A TOTAL AMOUNT OF EUR 2,000,000 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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