ARTMARKET.COM Artprice denies plan to acquire Artnet
Artprice and its founder and CEO, thierry Ehrmann, hereby formally denies the existence of any merger or acquisition plan concerning the company Artnet, which represents zero economic or capitalistic interest for Artprice.
The company Artprice has no outstanding bond debt and no bank debt and has never conducted any capital increases except to exercise employee share options. Artprice does not wish distort either its growth strategy or its balance sheet. It remains open to all sound and economically profitable external growth opportunities that may arise in the future.
Artprice therefore denies all rumors concerning its possible acquisition of the company Artnet (listed on a German stock exchange) and it formally disavows rumors that it may be planning to acquire one or more assets belonging to that company, none of which represent any advantage for Artprice.
Naturally, Artprice's position does not in any way constitute a value judgment concerning the company Artnet.
http://www.artprice.com (c)1987-2015 thierry Ehrmann
About Artprice:
Artprice is listed on the Eurolist by Euronext Paris, SRD long only and Euroclear: 7478 - Bloomberg: PRC - Reuters: ARTF.
Atprice is the global leader in art price and art index databanks. It has over 30 million indices and auction results covering more than 592,000 artists. Artprice Images(R) gives unlimited access to the largest Art Market resource in the world: a library of 118 million images or prints of artworks from the year 1700 to the present day, along with comments by Artprice's art historians.
Artprice permanently enriches its databanks with information from 4,500 auctioneers and it publishes a constant flow of art market trends for the world's principal news agencies and approximately 7,200 international press publications. For its 3,600,000 members, Artprice gives access to the world's leading Standardised Marketplace for buying and selling art.
Discover the Alchemy and the universe of Artprice http://web.artprice.com/video, which headquarters are the famous Museum of Contemporary Art, the Abode of Chaos http://goo.gl/zJssd https://vimeo.com/124643720
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The 2014 Art Market Report contains the famous Artprice ranking of the world's 500 most sought-after artists, the top 100 auction results, market breakdowns by country and by city, by period and by medium, Artprice indices and 21 chapters that provide an uncompromising analysis of the Art Market. It is available free of charge in PDF format at http://imgpublic.artprice.com/pdf/rama2014_en.pdf
Contact : Josette Mey : e-mail : ir@artprice.com
Full and original press release in PDF:
http://www.actusnews.com/documents_communiques/ACTUS-0-40141-Microsoft-Word-Artprice-denies-to-acquire-Artnet.pdf
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