UK Company Histories

Source data

Informa TechTarget formation and consideration

Sources checked

Trace the businesses, shares and cashWhat went into the enlarged TechTarget
  1. 01
    Merger agreement

    10 January 2024 · Informa and former TechTarget set the terms Source 1

  2. 02
    Closing

    2 December 2024 · Former TechTarget became a subsidiary of the new listed parent Source 2

  3. 03
    Informa contribution

    US$350 million plus businesses · Cash used in consideration for former TechTarget holders Source 2

  4. 04
    Exchange for each eligible former TechTarget share

    1 new share and US$11.6955 · Holders received a mix of equity and cash Source 2

  5. 05
    Informa interest at closing

    57% fully diluted · Informa retained control Source 3

  6. 06
    Purchase 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.

Source 1 Source 2 Source 3

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.

6 records
Source
Merger agreement10 January 2024Informa and former TechTarget set the termsSource 1
Closing2 December 2024Former TechTarget became a subsidiary of the new listed parentSource 2
Informa contributionUS$350 million plus businessesCash used in consideration for former TechTarget holdersSource 2
Exchange for each eligible former TechTarget share1 new share and US$11.6955Holders received a mix of equity and cashSource 2
Informa interest at closing57% fully dilutedInforma retained controlSource 3
Purchase price in US filingUS$951.5 millionAccounting measure for the acquisitionSource 2

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