24/7 Real Media Sells Latin American Operations

  • March 8, 2002
Interactive marketing company 24/7 Real Media, Inc. today announced the sale of its Latin American operations to a Brazilian entity comprised of local management and local investors. According to the announcement, the divestiture further reduces 24/7 Real Media’s cash burn while enabling the new company, which will be called Realmedia Latin America LLC, to continue leveraging their former parent company’s resources and focus entirely on expanding their market share locally.
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