Ziff Davis, which has been on the market since last year, and has been hawking two of its division actively, may be pricing itself out of the market, reports Folio. First-round bids on Ziff’s gaming and consumer/small business groups, which are being marketed separately, were due on January 19.
The story cites a source who said the company is looking to make 3X-revenue on the gaming group alone, which has annual revenues in the mid-$20 million-range and break-even earnings. “Asking for 3X-revenue on a company that
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