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  • Nov 4, 2024

      Show headlines and story abstract
    • 3:37PM ET on Monday Nov 04, 2024 by Dow Jones
      Companies Mentioned: DMSLQ

      Digital Media Solutions, Inc. Receives Court Approval for Asset Sales

      CLEARWATER, Fla., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Digital Media Solutions, Inc., ("DMS" or the "Company"), a leading provider of technology-enabled digital performance advertising solutions connecting consumers and advertisers, today announced that, following a competitive auction process, the U.S. Bankruptcy Court for the Southern District of Texas (the "Court") has approved the sale of substantially all of the assets of the Company's core business to its existing lenders, including a consortium of leading financial institutions. The Court also approved the sale of the Company's ClickDealer subsidiaries to iMonMedia, a leading global performance marketing company.

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