Cardlytics, Inc. has entered into an agreement with PAR Technology Corporation and its subsidiary DB Sub, LLC for the sale of all assets, properties, and rights primarily related to its Bridg platform. Under the terms of the agreement, PAR’s subsidiary will also assume certain liabilities and obligations associated with the Bridg platform. The agreement includes a provision that prevents Cardlytics from competing with or soliciting business related to the Bridg assets for five years following the closing of the transaction. The completion of the sale remains subject to customary closing conditions, including the absence of certain governmental restraints and material adverse effects. The transaction has received approval from the Cardlytics board of directors and may be terminated by mutual agreement or under specified circumstances if conditions are not met by March 24, 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cardlytics Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001666071-26-000003), on January 26, 2026, and is solely responsible for the information contained therein.
Comments