Future continues acquisition spree

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Future continues acquisition spree
Master Investor Magazine

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The price of shares in FTSE 250 media firm Future (LON:FUTR) rose by 0.61% to 1,330p (as of 14:10 GMT) after it completed the acquisition of digital content provider Barcroft Studios. The deal was agreed during mid-November and carried a consideration of £23.5 million, of which 60% was payable in cash and the remainder through the issue of new shares.

This is one of a number of acquisitions that the company has made in recent months including the £140 deal to purchase the UK magazine publisher TI Media.

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