Viggle Acquires GetGlue For $25 Million, 48.3 Million Shares Of Stock
This morning, in a surprise social TV acquisition, Viggle agreed to buy social check-in app GetGlue. The announcement went live this morning in a tweet by GetGlue CEO Alex Iskold: "Viggle will pay $25 million in cash and 48.3 million shares of stock for GetGlue."
This morning, in a surprise social TV acquisition, Viggle agreed to buy social check-in app GetGlue. The announcement went live this morning in a tweet by GetGlue CEO Alex Iskold: “Viggle will pay $25 million in cash and 48.3 million shares of stock for GetGlue.”
According to a press release, “Viggle Inc. Will operate the Viggle and GetGlue brands, and GetGlue founder and CEO Alex Iskold will join Viggle Inc. In a senior executive position on its management team and as a member of its Board of Directors.
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