homeWelcome, sign in or click here to subscribe.login
     


 

 

Business


print  email to a friend  reprints add to mydjc  

August 12, 2020

Marchex

Seattle-based mobile advertising analytics company Marchex said it plans to buy up to 10 million shares of its Class B common stock in a joint tender offer with Edenbrook Capital. The first 6 million shares would be bought for $1.80 each, while the remaining 4 million shares would be bought for $1.96 each. The offer is expected to expire in early October, unless extended. If it is fully subscribed, Marchex and Edenbrook will have purchased about 25% of the outstanding Class B stock.




Email or user name:
Password:
 
Forgot password? Click here.