MediaAlpha Announces $16 Million Private Share Repurchase

MediaAlpha (MAX) has completed a private stock repurchase of 1.13 million Class A common shares. The transaction was conducted through a privately negotiated deal with an affiliate of White Mountains Insurance Group (WTM). The approximately $16 million buyback represents a strategic move by MediaAlpha to consolidate ownership or manage its capital structure via direct negotiation with a major stakeholder.

By https://seekingalpha.com/user/59062064/bio · Seeking Alpha ·

MediaAlpha Announces $16 Million Private Share Repurchase

Tickers: $MAX $WTM

Topics: privately negotiated transaction share repurchase

Read the full article at Seeking Alpha

More World news