Brief: Inuvo Signs Agreement To Be Acquired By ConversionPoint Technologies

Inuvo

05/11/2018 13:35

Nov 5 (Reuters) - Inuvo Inc  INUV.A :
    * INUVO SIGNS DEFINITIVE AGREEMENT TO BE ACQUIRED BY
CONVERSIONPOINT TECHNOLOGIES
    * INUVO INC - ACQUISITION WILL BE A CASH-AND-STOCK
TRANSACTION
VALUED AT APPROXIMATELY $2.22 PER SHARE
    * INUVO INC - INUVO SHAREHOLDERS WILL RECEIVE $0.45 PER
SHARE IN
CASH AND STOCK VALUED AT AN ESTIMATED $1.77 PER SHARE
    * INUVO INC - CONVERSIONPOINT PLANS TO FILE A FORM S-4 WITH
SEC TO
REGISTER SHARES OF COMMON STOCK TO BE ISSUED IN ACQUISITION
    * INUVO INC - DEAL FOR APPROXIMATELY $75.5 MILLION
    * INUVO INC - CONVERSIONPOINT INTENDS TO FILE LISTING
APPLICATIONS
FOR STOCK WITH NASDAQ CAPITAL MARKET AND TORONTO STOCK EXCHANGE

Source text for Eikon:  ID:nGNX5cBPLr 
Further company coverage:  INUV.A 

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