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Quotes tagged “Media Acquisitions”
It is taking a $31 million loss in the process.”
It’s possible that retention bonuses or other payouts that don’t show up on the acquiring company’s books account for the discrepancy.”
When the acquisition was announced, Axel Springer said it paid $343 million for the outstanding shares of Business Insider...This valued the entire company at approximately $450 million. ””
Terms weren’t disclosed. One person familiar with the purchase suggested it was in the range of $20 million...
HelloGiggles.com attracted 11 million unique visitors in September, up from 721,000 in September 2013, according to measurement firm comScore Inc.”
StyleCaster, which operates sites such as Stylecaster.com, BeautyHigh.com and DailyMakeover.com, attracted an average of 2.9 million unique visitors in May, according to comScore.
While the terms of the deal were not disclosed a person familiar with the matter said the stock deal is valued at roughly $10 million.”
The deal price was $47 million, a person familiar with the situation said.
Elite Daily, which had 33.3 million unique U.S. visitors in December, according to analytics firm comScoreInc., will join forces with the tabloid newspaper’s fast-growing U.S. website, DailyMail.com, which focuses on traditional breaking news and celebrity stories.”
The Re/code acquisition was an all-stock transaction based on Vox's November valuation of $380 million. So, depending on how much you think Vox is really worth, Mossberg, Swisher, and their investors could stand to make a lot of money from the deal, or they could merely break even.
Multiple sources indicated that the value of the deal though, as it currently stands, was between $15 and $20 million, in addition to some stock incentives for Re/code's executives.”
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