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.
Location
Florida, United States
Transaction Type
Buyout

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