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PR Newswire Buys US Newswire for $19 Million Plus Earn-Out

At 01 Oct 2006 08:27:15 in MDI-News in Brief, MDI-Newswire Services, Market Data Insight    Print Article  Email Article   Full content requires subscription 

PR Newswire has acquired U.S. Newswire from Medialink Worldwide for $19 million and an earn-out of up to $4 million. As part of the deal, U.S. Newswire vice president of sales and head of marketing communications Brian Taylor will join PR Newswire and lead the integration. Co-founder William McCarren will assume a new role within Medialink.

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