Summary:

So we found out from sources (read our earlier story on the deal): the sale price for GameDaily is about $3 million…which is not much of a…

So we found out from sources (read our earlier story on the deal): the sale price for GameDaily is about $3 million…which is not much of a multiple over its revenues, which another source said is around that much. Sources says the investors/owners were tired and wanted out. AOL came in with slightly better price than others…
Gigex bought GameDaily in 2003.

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