The Week: City News - DMG acquires 20:20 London

Digital Marketing Group has bought the digital agency 20:20 London in a deal worth around £2 million.

The 20:20 creative director, Peter Riley, will head a new division within DMG called 20:20, which will incorporate 20:20 with DMG's existing digital marketing agencies. The deal consists of an initial payment of up to £1.5 million in cash, £250,000 in DMG shares upon completion and a further £250,000 in DMG shares upon the satisfaction of performance criteria.

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1 Job description: Digital marketing executive

Digital marketing executives oversee the online marketing strategy for their organisation. They plan and execute digital (including email) marketing campaigns and design, maintain and supply content for the organisation's website(s).