Brief: Paltalk, Inc. To Acquire Newtek Technology Solutions, Inc. From Newtekone, Inc.
Aug 12 (Reuters) - Paltalk Inc PALT.O :
* PALTALK, INC. ENTERS INTO AN AGREEMENT TO ACQUIRE NEWTEK
TECHNOLOGY SOLUTIONS, INC. FROM NEWTEKONE, INC.
* TO PAY $4M CASH FOR NEWTEK TECHNOLOGY SOLUTIONS
* TO ISSUE 4M SHARES OF PREFERRED STOCK FOR NEWTEK DEAL
Source text for Eikon: ID:nGNX45JxC0
Further company coverage: PALT.O
((Reuters.Briefs@thomsonreuters.com;))
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