Digital Media Solutions (DMS) Receives Non-Binding Go Private Proposal

  • September 8, 2022


StockDigital Media Solutions, Inc.SymbolDMS
Date Announced09/08/2022Source Press Release
TypeUnsolicited BidAcquiring Company/Person Prism Data, LLC

Digital Media Solutions, Inc. (DMS), a leading provider of technology-enabled digital performance advertising solutions connecting consumers and advertisers, announced that its board of directors has received an offer from Prism Data, LLC, an investment vehicle affiliated with CEO Joseph Marinucci and COO Fernando Borghese, to acquire all of the outstanding Class A common stock of DMS for $2.50 per share in cash.

Previously on August 16, 2021, Digital Media Solutions (DMS) announced a review of strategic alternatives.


March 6, 2023: Digital Media Solutions (DMS), concludes the strategic review process. On March 3, 2023, Prism notified the company that it was withdrawing the Prism Proposal. The Board has determined not to further pursue a potential sale of the Company at this time.

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