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Stock Market & Financial Investment News

News Breaks
January 5, 2013
15:14 EDTIDITiger Media announces divestiture of SMIL subsidiary
Tiger Media announced the divestiture of its SearchMedia International Limited subsidiary. As part of the transaction, SearchMedia International Limited, “SMIL,” will be divested to Partner Venture Holdings Limited, an independent third party private limited company, in exchange for 650,000 options of Tiger Media at $1.25 per share. The transaction also materially improves the balance sheet and capitalization of Tiger Media including eliminating $13.7M of goodwill, $21.3M of accounts payable, $5.4M in remaining acquisition consideration payable and $11.6M of income tax payable.
News For IDI From The Last 14 Days
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July 2, 2015
16:32 EDTIDI IDI, Inc to discontinue China advertising services business
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June 26, 2015
08:45 EDTIDIIDI, Inc names Michael Brauser as Executive Chairman
IDI, Inc. announced that Michael Brauser has been appointed Executive Chairman of the Board of Directors. Brauser replaces Robert Fried who remains a director on the Board.

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