Thursday, 24 May 2012

DM in £1m deal for data company PDV

Lead generation and research firm to be acquired by direct marketing group

UK-- Data company PDV is to be acquired by direct marketing group DM in a deal worth up to £1.13m.

Although PDV's main line of business is in generating sales leads for its clients through its gambling and rewards site Fair-Exchange.com and Free-DVD-Club.com, the company also offers online research services through its PDV Panels offering.

To help fund the acquisition, DM is looking to raise £1m through a share placing.

Author: Brian Tarran

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