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Marimedia To Float And Launch London Office

Marimedia, an Israeli company that matches Web sites with the best-paying advertisers, is planning a GBP17.8m float on Aim that will value the company at around GBP100m. The funds will be used to finance opening offices in London and New York as well as new acquisitions. The announcement is expected later this week, following news of another Israeli digital advertising company, Matomy, cancelling plans for an AIM listing due to share volatility in the sector.


Read the whole story at The Daily Telegraph »

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