Mediagrif and Quebecor Media Announce Closing of the Acquisition of Reseau Contact
29 11월 2013 - 11:50PM
Marketwired
Mediagrif and Quebecor Media Announce Closing of the Acquisition of
Reseau Contact
LONGUEUIL, QUEBEC--(Marketwired - Nov 29, 2013) - Mediagrif
Interactive Technologies ("Mediagrif"), a leading provider in
e-commerce solutions, and Quebecor Media announce today the closing
of the transaction previously announced on May 31, 2013 regarding
the acquisition of Réseau Contact by Mediagrif. Total cash
consideration for the acquisition is $7.5 M, subject to certain
working capital adjustments.
Réseau Contact is Quebec's most popular dating site with a
community of more than a million members.
About Mediagrif Interactive Technologies Inc.
Mediagrif Interactive Technologies Inc. (TSX:MDF) delivers
innovative e-commerce solutions to businesses since 1996. Its web
platforms enable clients to find, purchase and sell products,
exchange information, gain access to business opportunities and
manage supply chain collaboration with greater speed and
efficiency. The Company provides e-commerce solutions in the fields
of electronic components, computer equipment and
telecommunications, medical equipment, automotive aftermarket, wine
and spirits, diamonds and jewelry, classified ads, recruitment and
career services, supply chain collaboration and government
opportunities. Mediagrif has its headquarters in Longueuil and has
offices in North America and Asia. For more information, please
visit us at www.mediagrif.com or call 1 877 677-9088.
About Quebecor Media Inc.
Quebecor, a Canadian telecommunications, entertainment and news
media leader, is one of the best-performing integrated
communications companies in the industry. Driven by their
determination to deliver the best possible customer experience, all
of Quebecor's subsidiaries and brands are differentiated by their
high-quality, multiplatform, convergent products and services.
Quebecor (TSX:QBR.A)(TSX:QBR.B) is headquartered in Québec. It
holds a 75.36% interest in Quebecor Media, which employs nearly
16,000 people in Canada.
A family business founded in 1950, Quebecor is strongly
committed to the community. Every year, it actively supports more
than 400 organizations working in the vital fields of culture,
health, education, the environment and entrepreneurship.
Visit our web site: www.quebecor.com
Follow us on Twitter: twitter.com/QuebecorMedia
Forward-Looking Statements
This press release contains certain forward-looking statements.
These forward-looking statements, by their nature, necessarily
involve risks and uncertainties that could cause actual results to
differ materially from those contemplated by these forward-looking
statements. We consider the assumptions on which these
forward-looking statements are based to be reasonable, but caution
the reader that these assumptions regarding future events, many of
which are beyond our control, may ultimately prove to be incorrect
since they are subject to risks and uncertainties that affect us.
We disclaim any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise, except as required by applicable
securities legislation. All amounts are in Canadian dollars.
Mediagrif Interactive TechnologiesClaude Roy, President and
CEO450-449-0102, ext. 20041-877-677-9088, ext.
2004croy@mediagrif.comPaul Bourque, Chief financial
officer450-449-0102, ext. 21351-877-677-9088, ext.
2135pbourque@mediagrif.comQuebecor MediaMartin Tremblay, Vice
President, Public
affairs514-380-1985martin.tremblay@quebecor.com
Quebecor (TSX:QBR.A)
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Quebecor (TSX:QBR.A)
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