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PremierGuide
Local.com Sells Stock For Financing
By Doug Caverly - Thu, 08/02/2007 - 10:33am.
Local.com is $13 million richer, but the money was not so much a gift as a payment - Local.com sold about 2.4 million shares of its stock to two investors. And those investors bought the shares at $5.50 apiece, even though the stock’s current price has only ranged between $5.70 and $7.60 over the past few days.
Local.com Picks Up PremierGuide
By Doug Caverly - Thu, 07/19/2007 - 9:25am.
Yesterday, Hearst Corp. sold its stake in Local.com, but it looks like that didn’t hurt the website much - it has now acquired PremierGuide, “the largest and fastest-growing provider of private-label local search solutions to newspaper publishers, TV and radio stations, and city portal operators.”
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