Monday, May 31, 2004
Monster buys Tickle for stock and $29.5 mln in cash
0 commentsMonster (MNST) said it'll pay 1 million shares of its stock, the initial cash payment and a potential $40-plus million over three years, depending on Tickle's ability to meet certain financial hurdles.
Tickle is profitable and generated $25 million in sales in the last 12 months ending April 30, according to the company's press release.
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