Fox Interactive to Buy Pricegrabber?

20 Feb

According to a source, Fox Interactive Media is in preliminary discussions to purchase Price Grabber from Experian.  Fox Interactive, which owns a number of web properties including MySpace, has been mentioned in a number of buy out speculations over the past 6 months.

Bloomberg released and article that seems to suggest that there is other in interest in PriceGrabber as well.

From the article: “I see no reason why they would get less than what they paid” for PriceGrabber, Christian Koefoed-Nielsen, an analyst at Panmure Gordon & Co. in London, said by telephone today. The unit “is more profitable than when they bought it.”

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: