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July 2, 2009 |
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End Of The Road For Medialink
Source: PR Watch
URL:
http://www.prwatch.org/node/8444
Medialink Worldwide -- the largest producer of video new releases and audio news releases -- has announced that it has reached an agreement to been taken over by The NewsMarket . The takeover agreement, which will be submitted to a vote of shareholders at a meeting in August, was finalised on May 27. As part of the agreement, a subsidiary of The NewsMarket has offered to buy the company's shares for 20 cents, well above where it has traded for most of the last six months . As part of the agreement, Medial...
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