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I think it would be a mistake for Getty to pull out of the deal. This is the only time they would be able to pick up the images division this cheap IMO. There were 4 other bidders at the time that Jupitermedia sold that business to Getty, one of which offered to buy it at $185 million if they (the purchaser) could get the financing for it.
Seems like the future of Jupitermedia might go beyond Mediabistro since the Jupitermedia is going to change their name to WebMediaBrands instead of Mediabistro. I guess we will find everything out in the next month or so. Sentiment : Buy Rating :
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Looks like S Squared has returned to a 10.38% ownership...
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pureplay195... | Rate it | 2-Feb-09 03:00 pm | ||
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The price has held very firm considering the overa...
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pureplay195... | Rate it | 4-Feb-09 06:29 pm | ||
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Nothing really new that I have heard of. The...
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Janzen_22 | Rate it | 5-Feb-09 09:56 am | ||
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Yes .. price has held firm and even edged up....
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ripmax100
Online Now
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Rate it | 7-Feb-09 03:31 am | ||
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Re: More institutional owners
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Janzen_22 | Not rated | 7-Feb-09 11:57 am |
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