Affinion Group, Inc. Announces Agreement to Acquire Prospectiv, Owner of Daily ...
/PRNewswire/ -- Affinion Group, Inc. ("Affinion" or the "Company"), a global leader in customer engagement solutions that enhance and extend the relationship and loyalty of millions of consumers of financial service, retail, hospitality and e-commerce companies, announced today that it has signed an agreement to acquire Prospectiv Direct, Inc. ("Prospectiv"), a pioneer in online performance marketing and operator of the one of the leading daily deal websites in .Through its suite of innovative products and proprietary technologies, Prospectiv, which was founded in 1999, creates engagement between targeted consumer audiences and many of the world's leading brands. Prospectiv also owns and operates Eversave, which offers deals from local businesses including restaurants, spas, family activities and retailers in 20 markets across the country, including , as well as at a national level with selected merchants. Eversave connects those businesses with a highly targeted and lucrative audience of female consumers.
Eversave differentiates its offering by building valuable, long-term relationships between merchants and consumers. It offers comprehensive merchant support services and innovative customer retention programs, including Eversave Extras, which rewards consumers for performing certain actions like reaching a specific spending level or booking a subsequent follow-up appointment when redeeming their daily deal vouchers.
"Through Affinion's existing programs and services, we provide consumers with a broader discount network than what is available through any other provider, and we offer more individual coupons than any other service, delivered conveniently to users via their mobile devices for use right at the point-of-sale," said , Affinion's Chairman and Chief Executive Officer. "With the addition of Eversave to our portfolio, we have the opportunity to accelerate our vision of bringing this degree of convenience and scale into the daily deal marketplace, while also adding a world-class roster of clients in Prospectiv's traditional lead generation business."
"Obviously we are very excited to join forces with Affinion," said , is subject to customary purchase price adjustments at closing and provides for additional earn-out and related compensation arrangements if certain performance targets are achieved over the next two fiscal years. The majority of any payments made with respect to any earn-out would be expected to take the form of stock in Affinion Group Holdings, Inc. Prospectiv's management team and associates are expected to continue to work with the combined company.
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The company works with the world's leading brands from Fortune 1000 companies such as Procter & Gamble, Wal-Mart, Pfizer and Disney, as well as leading Web publishers that include Publishers Clearing House, IAC and WhitePages. Prospectiv also owns and
Located in the suburbs outside of Boston, the people are more likely to read the Boston Globe or Boston Herald than the Saugus Advertiser. This limits how much they learn about their town and harms community connectivity. They are on different pages.
(Fred Field for The ) By Martine Powers STEWARTSTOWN, NH - Less than 2 miles from the Canadian border, this tiny community is typical of a small town in almost every clichéd way. Diner waitresses ask if customers want “the usual.
White writes of the losing candidate: "Prophet before his time or sterile footnote in the pages of history?" •The 1968 race ended in Republican Nixon's victory over Democrat Hubert H. Humphrey. By '68, a half-million Americans fought in the Vietnam War
The John F. Kennedy Presidential Library and Museum in Boston has received $150000 from the federal Save America's Treasures program to help preserve about 100 of Jacqueline Kennedy's White House albums. She kept memorabilia from interior restorations,
Fall/Winter Additions to Riccardi Boston,White Mountaineering ...
Hi, were really busy in the store receiving new merchandise for fall/winter. This will truly be an epic season on all fronts. For a long time we have been providing only the most educated discerning customers with the most coveted ready to wear collections from top designers across the globe. Its a group effort to curate such a stellar brand list and takes constant research and occasional gambling. This fall winter we added 2 new mens lines. White mountaineering from japan and Alexndre Plokhov. This is the first time White Mountaineering will be sold on american soil and this is the very first season for Alexandre Plokhovs self titled mens collection. Both collections provide strong outerwear and high design.
The ladies floor has been in a stage of growth and redevelopment for a few years. In a over saturated market a womens store has to be incredibly well edited providing only the most special, exclusive objects. Nicholas Kirkwood is the new Loubiton. Its a fact. This will be the first time his shoes will be for sale in New England. I also added the french design house Carven whos first shipment just arrived yesterday.
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