Population Statistic: Read. React. Repeat.
Thursday, July 26, 2007

BUSINESS.COM’S FULL VALUE, REALIZED

Defying what I consider to be common sense, phonebook publisher R.H. Donnelley bought Business.com for $350 million in cash, in an optimistically synergistic strategic move.

I guess I’m just too stingy to be a wheeling-dealing Web tycoon.

Maybe I can remedy that shortcoming, though. First step: I’m buying the domain name “bidness.com”. I would plan on flooding its pages with tons of useless links, but I’m sure the current dealmaking fervor for online real estate will bring me unsolicited buyout offers before I even have to get to that point.

by Costa Tsiokos, Thu 07/26/2007 10:26:18 PM
Category: Business, Internet
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  1. BUSINESS-DOT-BOMB…

    Gee, what a surprise. It looks like R.H. Donnelly’s $350-million purchase of Business.com last year has run aground, as both the company’s value and the acquisition’s accompanying talent have evaporated.
    In the past year, its shares h…

    Trackback by Population Statistic — 05/02/2008 @ 12:23:46 PM

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