MediaLink sells to Cannes Lions-organizer Ascential

MediaLink – a business consultancy specializing in the media and tech sector – is to be purchased by Ascential plc, the UK-based B2B media company behind the Cannes Lions Festival of Creativity, and business information service WGSN. 
Financial terms of the deal were not publicly disclosed, although it is still subject to US regulatory approval, and upon completion MediaLink (an outfit with over 120 employees spanning four offices in the US alone) will form part of Asc