Entravision sells digital ad business to Aleph Group for $16.4M cash

ENTRAVISION COMMUNICATIONS CORP

Sale of MediaDonuts and Redmas to IMS (Aleph affiliate) for ~$16.4M cash; expected close June 28.
Concurrent $6.5M payment to MediaDonuts founders terminates earn-out agreement, removing future obligations.
Transaction approved by board; represents Entravision Global Partners digital ad operations in Asia and Latin America.

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