Cision US Inc. Completes the Acquisition of PR Newswire for US$841 Million
|Areas||Commercial Real Estate, Communications, Corporate and Commercial, Employment and Labour, Mergers and Acquisitions, Pensions, Technology|
Goodmans acted as Canadian counsel to Cision US Inc. (“Cision”) in connection with its US$841 million acquisition of PR Newswire, a global leader in PR and investor relations communications. PR Newswire’s Canadian subsidiary is CNW Newswire, a leading newswire service in Canada. By combining capabilities, Cision and PR Newswire will provide clients with the industry's best content distribution, influencer outreach, media monitoring and analytics offerings. This also expands Cision's international reach, providing access to 170 countries and 40 languages.
Cision is a leading global media intelligence company, serving the complete workflow of today's communication professionals. Offering the industry's most comprehensive PR, IR and social media software, rich analytics, content distribution, and influencer outreach, Cision enables clients to engage audiences, enhance campaigns and strengthen data-driven decision making. Cision solutions include PR Newswire, Gorkana, PRWeb, Help a Reporter Out (HARO) and iContact brands. Headquartered in Chicago, Cision serves over 100,000 customers in 170 countries and 40 languages worldwide, and maintains offices in North America, Europe, Asia, Latin America and Australia.