Performance Marketing Network MIVA has announced that it is seeking to add new publisher partners and advertisers to its global network. MIVA has retained investment banking firm Deutsche Bank Securities to assist it to enhance shareholder value.


Performance Marketing Network MIVA has announced that it is seeking to add new publisher partners and advertisers to its global network. MIVA has retained investment banking firm Deutsche Bank Securities to assist it to enhance shareholder value.

Deutsche Bank will help the Board of MIVA to analyze various options. The options include:

the raising of capital through the sale of securities or assets of the Company,
a recapitalization,
strategic acquisitions,
sale or merger of the business with another entity

Craig Pisaris-Henderson, chairman and chief executive officer of MIVA, said: “The Board and management believe our current share price does not reflect the inherent value of the Company and its opportunities, and the engagement of Deutsche Bank will help us to methodically examine a range of short-term and long-term alternatives as we continue to focus on growing our business”. [source]

 

 

 

 

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