Entravision Announces Sale of Its Digital Advertising Representation Business to Aleph Group
14 Juin 2024 - 3:00PM
Business Wire
Entravision Communications Corporation (NYSE: EVC) announced
today that it has entered into an agreement to sell its digital
advertising representation business to Aleph Group.
The transaction has been approved by the Entravision Board of
Directors and is expected to close by the end of June.
Forward-Looking Statements
This press release contains certain forward-looking statements.
These forward-looking statements, which are included in accordance
with the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995, may involve known and unknown risks,
uncertainties and other factors that may cause the Company’s actual
results and performance in future periods to be materially
different from any future results or performance suggested by the
forward-looking statements in this press release. Although the
Company believes the expectations reflected in such forward-looking
statements are based upon reasonable assumptions, it can give no
assurance that actual results will not differ materially from these
expectations, and the Company disclaims any duty to update any
forward-looking statements made by the Company. From time to time,
these risks, uncertainties and other factors are discussed in the
Company’s filings with the Securities and Exchange Commission.
About Entravision Communications Corporation
Entravision is a media and advertising technology company. Our
broadcast properties include the largest television affiliate group
of the Univision and UniMás television networks and one of the
largest groups of primarily Spanish-language radio stations in the
United States, providing our customers with substantial access and
engagement opportunities in the top U.S. Hispanic markets. Smadex,
our programmatic ad purchasing platform enables customers,
primarily mobile app developers, to purchase advertising
electronically and manage data-driven advertising campaigns. Learn
more about our offerings at entravision.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240612587049/en/
Mark Boelke Chief Financial Officer and Treasurer Entravision
Communications Corporation 310-447-3870 mboelke@entravision.com
Roy Nir VP, Financial Reporting and Investor Relations
Entravision Communications Corporation 310-447-3870
ir@entravision.com
Entravision Communications (NYSE:EVC)
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