One Planet Group Acquires AutoWeb, Inc.
July 25, 2022
One Planet Group, LLC agreed to acquire AutoWeb, Inc. in a cash tender offer valuing AutoWeb at $0.39 per share. The transaction, structured as a two-step merger and expected to close by September 16, 2022, will result in Payam Zamani (One Planet Group CEO) becoming President and CEO of AutoWeb.
- Buyers
- One Planet Group, LLC
- Targets
- AutoWeb, Inc.
- Industry
- Marketing & Advertising
- Location
- Florida, United States
- Transaction Type
- Buyout
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