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Stock Market & Financial Investment News

News Breaks
January 14, 2013
05:55 EDTSEAC, SEACSeaChange management to meet with Maxim
Meeting to be held in Boston on January 18 hosted by Maxim.
News For SEAC From The Last 14 Days
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December 22, 2014
16:11 EDTSEACSeaChange agrees to acquire Timeline Labs for up to $24.5M
SeaChange International announced that it has entered into a binding agreement to acquire TLL, LLC which does business as Timeline Labs. Timeline Labs is a privately-owned SaaS company that enables local broadcasters, local and national news organizations, cable news channels and other media companies and brands to analyze social media messages in real-time, find and broadcast newsworthy social trends and insights, and measure viewing audience engagement across television, mobile and PC. Under the terms of the definitive agreement, SeaChange will pay $14M in cash, $8M in shares of SeaChange stock, and up to an additional $2.5M in deferred performance-based consideration payable in shares of SeaChange stock. This payment will be based on financial targets for Timeline Labs over a two-year period with payment upon achievement of these metrics occurring annually. For FY16, the transaction is anticipated to be neutral to SeaChange's non-GAAP earnings per share. The transaction is subject to customary closing conditions and is expected to close on February 2, 2015.
December 10, 2014
09:45 EDTSEACSeaChange management to meet with Brean Capital
Meeting to be held in New York on December 16 hosted by Brean Capital.
December 8, 2014
10:00 EDTSEACOn The Fly: Analyst Downgrade Summary
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08:43 EDTSEACSeaChange downgraded to Hold from Strong Buy at BWS Financial
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