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A-Mark Closes Previously Announced Acquisition of Retailer JM Bullion

A-Mark Closes Previously Announced Acquisition of Retailer JM Bullion
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A-Mark to Acquire Leading E-commerce Retailer JM Bullion, Creating the Industry's Preeminent Fully Integrated Precious Metals Platform Nasdaq:AMRK

A-Mark to Acquire Leading E-commerce Retailer JM Bullion, Creating the Industry’s Preeminent Fully Integrated Precious Metals Platform
February 09, 2021 16:15 ET
| Source:
A-Mark Precious Metals
A-Mark Precious Metals
EL SEGUNDO, Calif., Feb. 09, 2021 (GLOBE NEWSWIRE)
(NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals platform, has entered into a definitive agreement with
JM Bullion, Inc. (JMB), a leading e-commerce retailer of precious metals, to acquire the remaining 79.5% of the issued and outstanding shares of JMB not currently owned by A-Mark. The proposed acquisition follows a longstanding and highly synergistic relationship between the companies that dates back to A-Mark’s initial minority investment in JMB in 2014. ....

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