Lenco Mobile proposes $42M merger deal

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By Stephen Nellis / Friday, December 2nd, 2011 / Comments Off on Lenco Mobile proposes $42M merger deal

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Santa Barbara-based Lenco Mobile, a mobile marketing and advertising company, plans to merge with San Jose-based iLoop in a transaction the companies value at $42 million. Lenco is a company that specializes in giving brand names and wireless carriers a platform to distribute marketing messages through the mobile web, plain text messages and multimedia messaging…

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