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Provider: Thomson Reuters Stock Report
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Provider: New Constructs, LLC
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Provider: MacroRisk Analytics/EconomicInvestor
$25.00
Provider: ValuEngine, Inc.
$25.00

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ICG Group Inc Announces Completion Of Sale Of Channel Intelligence To Google Inc


Wednesday, 20 Feb 2013 04:00pm EST 

ICG Group Inc announced that the acquisition of one of its consolidated companies, Channel Intelligence, Inc. (CI), by Google Inc was consummated .ICG realized approximately $60.5 million of cash in connection with the transaction. A portion of ICG's proceeds were placed in escrow to satisfy potential indemnification claims under the purchase agreement; subject to any such claims, the escrowed proceeds will be released to ICG on or around August 20, 2014. 

Company Quote

19.37
0.01 +0.05%
4:00pm EDT