Alloy Inc. (ALOY) Tuesday revealed the sale of its FrontLine in-store marketing division to Acosta Sales and Marketing. Alloy was paid a cash purchase price of $36 million, subject to a working capital adjustment. The proceeds add significantly to Alloy's net cash. The sale would permit Alloy management to increase its focus on the company's media and entertainment businesses.
Alloy, Inc. is a provider of media and marketing programs.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.