Marchex Announces Intent to Conduct Joint Tender Offer with Edenbrook Capital
SEATTLE--(BUSINESS WIRE)--Marchex (NASDAQ: MCHX), a leading conversational analytics company that connects the voice of the customer to your business, announced today the intent to launch a joint and equal tender offer with Edenbrook Capital, LLC (“Edenbrook”) to purchase up to 10.0 million shares of Marchex’s Class B common stock (the “Shares”) according to the following terms: if up to 6.0 million shares are tendered, a purchase price per share of $1.80; and if 6.0 million to 10.0 million sha
Marchex Announces Intent to Conduct Joint Tender Offer with Edenbrook Capital
SEATTLE--(BUSINESS WIRE)--Marchex (NASDAQ: MCHX), a leading conversational analytics company that connects the voice of the customer to your business, announced today the intent to launch a joint and equal tender offer with Edenbrook Capital, LLC (“Edenbrook”) to purchase up to 10.0 million shares of Marchex’s Class B common stock (the “Shares”) according to the following terms: if up to 6.0 million shares are tendered, a purchase price per share of $1.80; and if 6.0 million to 10.0 million sha