Safeguard Scientifics announces Flashtalking acquisition by Mediaocean; expects $43M cash

SAFEGUARD SCIENTIFICS INC

Flashtalking, a Safeguard portfolio company, signed definitive agreement to be acquired by Mediaocean.
Safeguard expects approximately $43 million in cash proceeds upon closing.
Transaction expected to close in Q3 2021.
Combined entity will integrate Flashtalking's ad serving and identity management with Mediaocean's omnichannel platform.

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