| Story: | On June 25, 2012, Cision (sto:CSN) announced the sale of its U.S. print monitoring operations to BurrellesLuce. The purchase price for the divested unit was USD 2.0 million, of which USD 1.5 million will be paid in equal quarterly installments during 2013. In addition Cision will receive an earn-out over a three year period estimated to approximately USD 4 million. The transition of all hardcopy print monitoring services to BurrellesLuce is expected to be completed by the fourth quarter of 2012. |
