- Fluent Inc FLNT, via a subsidiary, acquired the remaining 50% stake in Winopoly, LLC, a complementary marketplace matching consumers to brands through engaging content and live agent solutions.
- The financial terms of the transaction remain undisclosed.
- Fluent acquired a 50% stake in Winopoly on April 1, 2020.
- Fluent accelerates its ability to provide end-to-end, personalized customer acquisition solutions to a growing roster of top-tier, global brands with the acquisition.
- Fluent held $25.1 million in cash and equivalents as of June 30.
- Price Action: FLNT shares traded higher by 2.94% at $2.80 on the last check Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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