27 Sep MeetMe to get Skout $28.5 million in money and roughly 5.37 million usual
NEW HOPE, Pa.--( BUSINESSES CABLE )--MeetMe, Inc. (NASDAQ: FULFILL), a public markets commander for personal advancement, today revealed it has accomplished a definitive arrangement to obtain Skout, a respected worldwide cellular network for meeting new-people, for $28.5 million in earnings and roughly 5.37 million usual percentage of MeetMe, implying an enterprise property value $54.6 million according to MeetMe’s shutting stock cost on Summer 24, 2016. This acquisition promotes MeetMe and Skout’s provided sight to produce the largest international provider for appointment and communicating with new people. The acquisition is expected to give better level for monetization and increasing profits for any combined organization.