Friends Reunited, the UK-based online community website, which has been on sale for some time now, is still n close to any decision, though its is playing the media manipulation game releasing the information that it has five suitors. The takeover interest are in very early stages and nothing has been decided yet.
The Friends management team has hired corporate finance company LongAcre to explore the proposals in more detail. The company expects to make profits of
Subscriber content
?
Subscriber content comes from Gigaom Research, bridging the gap between breaking news and long-tail research. Visit any of our reports to learn more and subscribe.
Advertisement
Advertisement
Advertisement
Comments have been disabled for this post