A-Mark Precious Metals Direct-To-Consumer Subsidiary JM Bullion Acquires Assets Of BullionMax; No Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
A-Mark Precious Metals' direct-to-consumer subsidiary, JM Bullion, has acquired the assets of BullionMax. The terms of the deal were not disclosed.
June 16, 2023 | 12:05 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
A-Mark Precious Metals' subsidiary JM Bullion acquires BullionMax's assets, potentially expanding its market presence.
The acquisition of BullionMax's assets by JM Bullion, a subsidiary of A-Mark Precious Metals, could potentially expand the company's market presence and customer base. This may lead to increased revenues and growth for A-Mark Precious Metals, positively impacting its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100