Summary:

Alan Meckler, never one to mince his words, had an interesting observation on Ziff Davis’ Chapter 11 filing yesterday: “Presently there are…

Alan Meckler, never one to mince his words, had an interesting observation on Ziff Davis’ Chapter 11 filing yesterday: “Presently there are three ZD-like entities in the arena: Ziff Davis Media (bankrupt); ZDnet.com (part of Cnet); and ZD Enterprise (independent). Perhaps the Insight folks should consider changing the name of their new property?”

Then, he discloses something I asked him two years ago and he denied then: “In the summer of 2005 I offered to buy through Jupitermedia (NSDQ: JUPM) all of Ziff Davis (this included the Enterprise portion as well as the part that went bankrupt) for assumption of the then $350 million of debt). I was turned down. The seller felt that a fair price was $850 cash and assumption of debt. I laughed. End of story.”

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By Rafat Ali

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