Kitara Media Acquires Health Guru Media for $13,500,000

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6da64b82-3539-4245-8d0f-0bb305b03f16
Date
12/4/2013
Company Name
Health Guru Media
Mailing Address
524 Broadway 3rd Floor New York, NY 10012
Company Description
HealthGuru.com is the web’s leading destination site for health information among 18 to 40 year olds. HealthGuru.com covers the health topics that matter to our demographic: sexual health, STDs, pregnancy, sports health, drugs & alcohol, and mental health, among others.
Website
http://www.healthguru.com
Transaction Type
M&A
Transaction Amount
$13,500,000
Transaction Round
Proceeds Purposes
M&A Terms
Health Guru Media stockholders will receive a total of 18 million shares of Kitara Media stock.