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A-Mark Precious Metals Acquires the Assets of Goldline International

A-MARK PRECIOUS METALS (AMRK)  More Company Research Source: GlobeNewswire
Last a-mark precious metals earnings: 5/8 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: amark.com/investors
PDF EL SEGUNDO, Calif., Aug. 14, 2017 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK), a full-service precious metals trading company and an official distributor for all the major sovereign mints, has entered into an agreement to acquire substantially all of the assets of Los Angeles-based Goldline, LLC, a leading direct retailer of precious metals to the investor community. Acquisition Summary and Benefits: Asset purchase for net consideration of approximately $6.4 million over net tangible asset valueAdds a longstanding client base of more than 150,000 precious metal and numismatic clientsExpands client pipeline by adding 1.2 million client leadsBolsters A-Mark’s distribution by adding an expansive direct-to-client distribution modelEnhances A-Mark’s marketing and technology capabilities, including access to an analytics system to better understand client data and buying behaviors For nearly six decades, Goldline has delivered world-renowned gold, silver and platinum [Read more]

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