iEntry 10th Anniversary RSS Newsletter Advertising
Join the WebProWorld Forum!
Text: Decrease Font Size Increase Font Size | Print Print Article | Share: Delicious Digg StumbleUpon Post to Twitter Post to Facebook
CommentThursday, February 22, 2007

Alan Meckler To Buy Back Content Sites

Jupitermedia may be sold to Getty Images, but it is reported (as I speculated yesterday) that CEO Alan Meckler will buy back  all assets that are not Jupiterimages.

This means that internet.com would again go private with new owner Alan Meckler. This is similar to Alan Meckler's 1998 deal that sold Mecklermedia (and its Internet World tradeshow) to Penton Media with Alan buying back  the websites which included internet.com. In 1999 internet.com went public and after the acquisition of Jupiter Research the company changed its name to Jupitermedia.

A Reuters article confirms the acquisition rumors, "Getty spokeswoman Deb Trevino confirmed that the companies are in talks. They are required to make a statement, given the move in their stock yesterday," she said. "What they put out tells the story. I don't see any need to comment further."

The reported offer for Jupitermedia is $9.60 a share. The buyback price wasn't revealed but "Alan Meckler has indicated he is willing to acquire those assets at a price that Getty has indicated is acceptable".
About the author:
Rich Ord is the CEO of iEntry, Inc. which includes WebProNews.com, Twellow.com and numerous other vertical and community sites.

Publish A Comment

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd>
  • Lines and paragraphs break automatically.
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
1 + 11 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.
SEARCH
Popular WPN Business Resources












Subscribe to WebProNews


Send me relevant info