April 4, 2018 / 6:40 AM / 6 months ago

BRIEF-Future Says To Buy U.S. Based Newbay Media

April 4 (Reuters) - Future PLC:

* ACQUISITION OF NEWBAY MEDIA LLC, US BASED INFORMATION AND EVENTS BUSINESS, FOR AN INITIAL NET CONSIDERATION OF $12.25M CASH AND $1.55M SHARES​

* ‍OVERALL TRADING FOR GROUP DURING FIRST HALF HAS BEEN STRONG WITH POSITIVE MOMENTUM FROM LAST YEAR CONTINUING THROUGH INTO THIS FINANCIAL YEAR

* ‍GROUP IS TRADING COMFORTABLY IN LINE WITH MANAGEMENT EXPECTATIONS​ Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

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