Friday, September 20, 2013

Harte-Hanks Agrees to Sell Shoppers

http://www.marketwatch.com/story/harte-hanks-agrees-to-sell-shoppers-2013-09-19
Harte-Hanks, Inc. HHS +0.09% , an international direct and targeted marketing company, today announced it has entered into a definitive agreement to sell the assets of its Shoppers division to subsidiaries of OpenGate Capital for approximately $22.5 million in cash proceeds. The transaction is expected to close before September 30, 2013 upon satisfaction of customary closing conditions.