Brief: Troika Media Group Says Tom Marianacci Will Remain As CEO Of The Converge Entities
24/02/2022 12:48
Feb 24 (Reuters) - Troika Media Group Inc TRKA.O :
* TROIKA MEDIA GROUP INC SAYS TOM MARIANACCI WILL REMAIN AS
CEO OF
THE CONVERGE ENTITIES
* TROIKA MEDIA GROUP INC - DEAL FOR TOTAL CONSIDERATION OF
$125
MILLION
* TROIKA MEDIA GROUP INC - DEAL TO BE SIGNIFICANTLY
ACCRETIVE TO
ADJUSTED EARNINGS PER SHARE
* TROIKA MEDIA GROUP INC - DEAL SIGNIFICANTLY ACCRETIVE TO
ADJUSTED EARNINGS PER SHARE
* TROIKA MEDIA GROUP INC - SEES CONSOLIDATED COST SYNERGIES
OF
MORE THAN $2 MILLION EXPECTED IN FIRST YEAR AFTER CLOSING.
* TROIKA MEDIA GROUP INC - TROIKA WILL FUND TRANSACTION WITH
A
COMBINATION OF NEW DEBT FINANCING, A RESTRICTED STOCK GRANT AND
CASH ON HAND AT CLOSING
Source text for Eikon: ID:nGNE7h8Lhl
Further company coverage: TRKA.O
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