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01Oct/22

MeetMe to obtain Skout $28.5 million in money and roughly 5.37 million typical

MeetMe to obtain Skout $28.5 million in money and roughly 5.37 million typical

brand-new HOPE, Pa.–( BUSINESS WIRE )–MeetMe, Inc. (NASDAQ: MEET), a community markets chief for personal discovery, today announced this has performed a conclusive contract to get Skout, the leading international cellular network for satisfying new-people, for $28.5 million in profit and roughly 5.37 million typical stocks of MeetMe, implying a business worth of $54.6 million based on MeetMe’s closing stock price on June 24, 2016. This purchase produces MeetMe and Skout’s provided vision generate the largest global services for fulfilling and emailing new-people. Continue reading