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iMedia Closes $93 Million Acquisition of 123tv

MINNEAPOLIS, Nov. 10, 2021 (GLOBE NEWSWIRE) -- iMedia Brands, Inc. (the "Company" or "IMBI") (NASDAQ:IMBI) announced that it has closed on its acquisition of 123tv for an enterprise value of $93 million, effective November 5, 2021. IMBI previously anno