MessageMedia to Acquire Revnet Systems, Inc
What this release is about: MessageMedia announces messagemedia to acquire revnet systems, inc, delivering strategic entertainment marketing and public relations for major media brands.
Industry Consolidation Strategy BOULDER, COLO. - June 9, 1999 - MessageMedia Inc. (NASDAQ: MESG) http://www.messagemedia.com , the leading provider of email-based customer relationship management and direct marketing services, announced it has signed a letter of intent to acquire Revnet Systems, Inc. of Huntsville, AL. The deal is valued today at approximately $46 million in MessageMedia common stock. The parties are currently negotiating a definitive agreement, subject to all contingencies