Market Chatter: Stagwell Acquires Digital Advertising Company Freestar

MT Newswires Live10-26

Stagwell (STGW) has acquired Freestar, a digital advertising company that works with publishers and digital brands, Axios reported Monday.

Freestar will be integrated into Stagwell Media's ecosystem, giving customers access to Stagwell's marketing tools and broader advertising client base while helping Stagwell monetize its owned-media assets, according to the report.

Stagwell and Freestar didn't immediately respond to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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