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2021-12-16 22:46
07:37 AM EST, 12/16/2021 (MT Newswires) -- Ascential (ASCL.L) on Thursday sold its MediaLink brand to talent, entertainment and sports company United Talent Agency for $125 million.
MediaLink was part of Ascential's marketing business unit. Its sale is part of the group's long-term strategy, granting further capital for sectors considered more profitable by the company.
Shares of Ascential were down 1% on Thursday at midday.
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