IN BRIEF: Audioboom completes Adelicious integration ahead of schedule
Audioboom Group PLC- London-based podcast producer - Completes the integration of UK-focused podcast network Adelicious Ltd ahead of its 60-day goal. On July 16, Audioboom said it inked a binding agreement to acquire Adelicious for up to GBP10.0 million on a cash free, debt-free basis. This comprised a GBP4.5 million initial consideration, an up to GBP3.0 million revenue performance linked deferred consideration and an up to GBP2.5 million contingent consideration "subject to revenue performance of the SMA contract." Read More