Digital media solutions, inc. reaches agreement to transition ownership to existing lenders, positioning business for continued innovation and growth

Enters asset purchase agreement with existing lenders commences voluntary chapter 11 cases to facilitate efficient sale; expects to complete process in the fourth quarter of 2024 secures commitment of approximately $122 million in debtor-in-possession financing continues to serve customers as usual with leading technology-enabled digital performance advertising solutions clearwater, fla., sept. 11, 2024 (globe newswire) -- digital media solutions, inc., (“dms” or the “company”), a leading provider of technology-enabled digital performance advertising solutions connecting consumers and advertisers, today announced it has entered into an asset purchase agreement (the “apa”) with existing lenders (the “lenders”), including a consortium of leading financial institutions.
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