In UK, the newspaper/media group Daily Mail and General Trust, through its subsidiary Associated Newspapers, has spent about $31 million on the acquisition of three websites including car dealer site AutoExposure, and two recruitment web firms, Interbase and The Appointment.
Auto Exposure provides car dealers with services to publish and advertise their vehicle inventory online. Interbase Limited operates Productionbase.co.uk, a subscription based recruitment website for freelancers in the TV broadcasting and film production industries in the UK. The Appointment Limited runs the retail recruitment sites Inretail.co.uk and Retailcareers.co.uk as well as the retail magazine “The Appointment”. The three new acquisitions, which have a combined turnover of approximately $8.25 million.
In May, Associated spent $85.3 million in buying dating website Allegran, and Data Media Retail, which owns Carsource.co.uk. All of the acquisitions will form part of the AN Digital network of online assets.
Some more details in this release here.
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