Brief: Press Release - Pfsweb To Sell Livearea Business To Merkle For $250 Million

PFSweb

06/07/2021 14:33

July 6 (Reuters) - PFSweb Inc  PFSW.O :
    * PRESS RELEASE - PFSWEB TO SELL LIVEAREA BUSINESS TO MERKLE
FOR
$250 MILLION
    * PFSWEB INC - UNDER TERMS OF AGREEMENT, MERKLE WILL
PURCHASE
LIVEAREA FOR TOTAL CONSIDERATION OF APPROXIMATELY $250 MILLION
    * PFSWEB INC - FOR TRAILING TWELVE MONTHS ENDED MARCH 31,
2021,
LIVEAREA GENERATED ABOUT  $85 MILLION IN REVENUE ON A STANDALONE
BASIS

Source text for Eikon:  ID:nGNX4TLZb6 
Further company coverage:  PFSW.O 

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