March 21, 2017 / 5:58 AM / 9 months ago

BRIEF-Altice acquires online video advertising marketplace Teads

March 21 (Reuters) - Altice NV:

* Altice acquires Teads, an online video advertising marketplace

* Acquisition values Teads at an enterprise value of up to 285 million euros ($306.77 million) on a cash and debt free basis

* The acquisition purchase price is subject to Teads achieving certain revenue targets in 2017 Source text for Eikon: Further company coverage: ($1 = 0.9290 euros) (Gdynia Newsroom:)

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