Brief: Emerald Acquires MJBiz

Emerald Holding

04/01/2022 12:44

Jan 4 (Reuters) - Emerald Holding Inc  EEX.N :
    * EMERALD ACQUIRES MJBIZ, A LEADING B2B EVENT AND CONTENT
PLATFORM
FOR THE CANNABIS INDUSTRY
    * EMERALD HOLDING INC - PAID $120 MILLION AS INITIAL
CONSIDERATION
UPON CLOSING OF TRANSACTION
    * EMERALD HOLDING INC - POTENTIAL FUTURE PAYMENTS CONTINGENT
ON
PERFORMANCE OF MJBIZ THROUGH 2022
    * EMERALD HOLDING INC - MJBIZ MANAGEMENT, INCLUDING CEO
CHRIS
WALSH, WILL CONTINUE TO LEAD DAY-TO-DAY OPERATIONS OF BUSINESS

Source text for Eikon:  ID:nBw2jJh5za 
Further company coverage:  EEX.N 

 ((Reuters.Briefs@thomsonreuters.com;))