QUOT - Mergers and acquisitions

Advertisers can buy inventory on approximately 40,000 Redbox kiosks as well as over 2,000 large display screens on top of select kiosks Quotient (NYSE:QUOT), the leading digital media and promotions technology company, today announced it has entered into a partnership with Redbox (NASDAQ:RDBX) that expands its media network. Through this partnership, Quotient's media network will begin offering advertisers access to approximately 40,000 Redbox kiosks as well as over 2,000 large display screens on the top of select kiosks. The combination of Quotient's programmatic digital-out-of-home (DOOH) platform technology with Redbox's expansive kiosk reach with over 400 million estimated weekly reta

Quotient (NYSE:QUOT) (the "Company"), the leading digital media and promotions technology company, today announced that its Board of Directors has unanimously adopted a tax benefits preservation plan (the Plan) to protect the Company's ability to use its net operating loss carryforwards (NOLs) and other tax assets under Section 382 of the Internal Revenue Code (the Code). The Plan is similar to plans adopted by other companies with significant NOLs. The Company estimates that it currently has between approximately $285 million and $290 million of federal NOLs available to offset future taxable income. These NOLs are available to reduce the Company's future federal income tax expense and re