Database marketing services provider Acxiom, Conway, AR, completed its acquisition of rival May & Speh, Downers Grove, IL, earlier this month in a stock swap valued at $625 million. The merger was announced May 27.
May & Speh shareholders will receive 0.8 shares of Acxiom stock for every share held. May & Speh, which will operate as wholly-owned subsidiary, will meld its data products and services with Acxiom's wealth of proprietary consumer and business data to form a combination that is expected to generate revenues of $700 million per year.
