MediaValet Inc (TSE:MVP) has released an update.
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MediaValet Inc. has received approval from its securityholders for an acquisition arrangement with an affiliate of STG Partners LLC, with an overwhelming majority voting in favor of the $1.71 per share cash purchase. Anticipated to close on April 2, 2024, the transaction will also result in MediaValet’s common shares being delisted from the Toronto Stock Exchange. This strategic move is poised to leverage MediaValet’s leadership in the enterprise digital asset management space, complementing STG’s expertise in data, software, and analytics.
For further insights into TSE:MVP stock, check out TipRanks’ Stock Analysis page.
