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Mediagrif Interactive Technologies Inc Acquires Jobboom and Reseau Contact


Friday, 31 May 2013 01:30pm EDT 

Mediagrif Interactive Technologies Inc and Quebecor Media have reached a definitive agreement whereby Mediagrif will acquire Jobboom on June 1, 2013, and has agreed to acquire Reseau Contact on or around October 31, 2013, the latter transaction being subject to technology transfer conditions. Total financial compensation for the deal will reach $65 Million. Both acquisitions will count towards Mediagrif's bottom line as soon as they are completed. Jobboom is in online recruitment and in labour market intelligence. Its mission is to match the needs and aspirations of employers, jobseekers, students and freelancers, and to help its members achieve and exceed their objectives. Reseau Contact is Quebec's dating site with more than a million members. 

Company Quote

19.25
-0.2 -1.03%
14 Aug 2014