PR Newswire to Sell Media Intelligence Business

By Nathan Gilliatt on May 12, 2016

PR Newswire  announced an agreement to sell its Agility media intelligence business in the US and UK to Innodata (NASDAQ: INOD). Conditioned on antitrust clearance of the Cision  acquisition of PR Newswire, the deal includes $4.8 million is cash and the assumption of liabilities of the Agility business. Closing is expected later this year.

Innodata also acquired MediaMiser  in 2014.

• SMA's acquisitions scorecard
  
• press release
  
• MediaMiser blog post
  
• Innodata SEC filing

Categories:
• Transactions

Tags:
• cision,
• innodata,
• ma,
• pr newswire