March 28, 2024
BANGOR DAILY NEWS (BANGOR, MAINE

DanMark Inc. expected to buy out Talk America

PORTLAND — A deal is in the works between Portland-based Talk America and another Maine telemarketer, DanMark Inc. of Topsham.

FOX-51 News said papers filed Thursday in U.S. Bankruptcy Court say DMI plans to buy Talk America’s Portland assets for $2.3 million. The largest share of the proceeds would be used to repay customers who put in claims for refunds.

DMI lawyer Arnold MacDonald said Talk America’s assets will help DMI achieve faster growth. Talk America’s employees in Portland are expected to become employees of DMI if the deal is approved.

Talk America, which had as many as 750 employees in Portland three years ago, filed in May for Chapter 11 bankruptcy protection. The company said the bankruptcy filing was triggered by a dispute with one of its vendors.

Calls to DMI were not returned Friday.


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