TouchBistro, Inc. acquired Bookenda inc. from Yellow Pages Limited (TSX:Y) on April 30, 2019. Also, Yellow Pages sold YP Dine Solutions Limited. The combined consideration was $2.2 million. At close, $0.4 million of the proceeds was placed in escrow and will be released net of claims (if any) in two installments; 50% after six months and the remaining 50% after twelve months.
TouchBistro, Inc. completed the acquisition of Bookenda inc. from Yellow Pages Limited (TSX:Y) on April 30, 2019.