Thursday, September 7, 2017

Analyst Believes cogint Deal Points to Momentum in Data Business (IDI) $COGT

Barrington's James Goss reacted to today's Cogint (ticker: COGT) deal with a report entitled "Transformative Combination and Data Fusion Spin‐off to Create Two Public Stocks": Key excerpts:

Cogint CEO Bullish on Data Business (IDI) $COGT

cogint (COGT) announced a major transaction today. In an email, I asked CEO Derek Dubner to comment on the deal overall and specifically the data subsidiary (IDI soon to be spun off as Red Violet) which is believed to have enormous potential. Here's what he said: