Source data
Informa TechTarget formation and consideration
Sources checked
- 01Merger agreement
10 January 2024 · Informa and former TechTarget set the terms Source 1
- 02Closing
2 December 2024 · Former TechTarget became a subsidiary of the new listed parent Source 2
- 03Informa contribution
US$350 million plus businesses · Cash used in consideration for former TechTarget holders Source 2
- 04Exchange for each eligible former TechTarget share
1 new share and US$11.6955 · Holders received a mix of equity and cash Source 2
- 05Informa interest at closing
57% fully diluted · Informa retained control Source 3
- 06Purchase price in US filing
US$951.5 million · Accounting measure for the acquisition Source 2
The legal merger structure and the accounting purchase price serve different purposes.
Informa TechTarget formation and consideration
Informa’s 57% holding uses the fully diluted basis at closing. The transaction’s cash payment, per-share consideration and accounting purchase price describe different quantities.
| Source | |||
|---|---|---|---|
| Merger agreement | 10 January 2024 | Informa and former TechTarget set the terms | Source 1 |
| Closing | 2 December 2024 | Former TechTarget became a subsidiary of the new listed parent | Source 2 |
| Informa contribution | US$350 million plus businesses | Cash used in consideration for former TechTarget holders | Source 2 |
| Exchange for each eligible former TechTarget share | 1 new share and US$11.6955 | Holders received a mix of equity and cash | Source 2 |
| Informa interest at closing | 57% fully diluted | Informa retained control | Source 3 |
| Purchase price in US filing | US$951.5 million | Accounting measure for the acquisition | Source 2 |