AOL Acquires adap.tv for $405,000,000

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9069db3b-449d-4435-b466-7f763ad53928
Date
8/7/2013
Company Name
adap.tv
Mailing Address
One Waters Park Drive San Mateo, CA 94403
Company Description
adap.tv provides a unique online video advertising platform that allows publishers and advertisers to match relevant advertising with online video content.
Website
http://www.adap.tv
Transaction Type
M&A
Transaction Amount
$405,000,000
Transaction Round
Proceeds Purposes
M&A Terms
The purchase price will total $405 million in aggregate and will be comprised of approximately $322 million in cash consideration, and approximately $83 million in AOL common stock, subject to certain adjustments.