Thursday, August 03, 2006
18 Months in VNU Time
New VNU owners mulling European B2B sale-sources
Reuters reports that "five people familiar with the situation" say that VNU is considering the sale of its European b2b magazines and trade shows.
Grab:
The sale option follows a pledge Valcon made to shareholders as part of the buyout to keep VNU "substantially together as an integrated company" for 18 months after some investors had demanded that management try to raise more money by selling VNU in parts rather than as a whole.
Maybe Valcon meant 18 months in Internet time, or Web 2.0 time. Or maybe the five people are wrong.
The Euro b2b operations account for about 6% of VNU's total revenues.
Via IWantMedia.
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Reuters reports that "five people familiar with the situation" say that VNU is considering the sale of its European b2b magazines and trade shows.
Grab:
The sale option follows a pledge Valcon made to shareholders as part of the buyout to keep VNU "substantially together as an integrated company" for 18 months after some investors had demanded that management try to raise more money by selling VNU in parts rather than as a whole.
Maybe Valcon meant 18 months in Internet time, or Web 2.0 time. Or maybe the five people are wrong.
The Euro b2b operations account for about 6% of VNU's total revenues.
Via IWantMedia.
