Catalina Marketing to acquire Local Offer Network
Oct 11, 2013 (MarketLine Financial Deals Tracker via COMTEX) --
Catalina Marketing Corporation, a provider of marketing services, has agreed to acquire Local Offer Network, Inc., a daily deals site that specializes in content personalization, aggregation, distribution and analysis. Both the companies are based in the US.
Earlier, Local Offer Network had secured venture funding from Illinois Ventures and Matthew Pritzker Company, LLC.
Deal Type Acquisition
Sub-Category Majority Acquisition
Deal Status Announced: 2013-10-10
Target (Company) Local Offer Network, Inc.
Acquirer (Company) Catalina Marketing Corporation
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