Acquisitions - Link catchup - 23 July
The next in the link roundup of the last few weeks - acquisitions:
Industry & acquisitions
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18 July - BlueFreeway (BLU) acquires Spectrum, a Pr & comma agency - BLU ASX announcements page
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17 July - :Photon Group (PGA) acquires MessageNet, an AU SMS company, and REL Field Marketing, a UK company - PGA ASX announcements page
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13 July - Destra (DES) buys 19.9% of Magna Pacific. Destra rides again in movies shake-out | Media | The Australian - DES ASX announcements page
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1 July - Seven buys the Australian titles of Who Weekly and more from Time Inc for $90 million (Time the mag is still owned and publisher by Time Inc) The Aust article.
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1 July - Can She Turn Yahoo Into, Well, Google? - New York Times - “Similarly, Yahoo insiders credit Ms. Decker with turning an agreement with newspaper companies from a simple deal to sell employment classifieds through Yahoo’s HotJobs into a wide-ranging partnership…”
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25 June - Aegis Buys Online Ad Firm Bluestreak for $12.5 Million - paidContent.org: - “Aegis Group, the UK-based media and marketing services group, has bought the ad-serving business of Bluestreak, a Providence, RI-based online and e-mail marketing firm. The price: $12.5 million.”
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23 June - Is MySpace Worth $12 billion? - Yahoo in talks with News about selling MySpace for News to have a 25% stake in the combined entity
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23 June - Photon targets Stokes agency | Media | The Australian - “MARKETING services group Photon is poised to buy - @www - a digital advertising agency part-owned by Seven network executive chairman and main shareholder Kerry Stokes through his private investment company. Sources close to Photon confirmed the group was in talk
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14 June - Photon Group (makes one agency out of See & Legion Interactive B&T article (sub reqd)
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11 June - Cricinfo - ESPN acquires Cricinfo
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6 June - BlueFreeway (BLU) to acquire Viva9 & BlueArc Group BLU Company Announcements
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6 June - FreeStyle Media was bought by online marketing group Q Limited (QXQ) for $1.36 million in cash and shares, plus bonuses if it hits targets during the next three years.” - The Oz article
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Unrelated, but still fun, a Bob Dylan interview with Time Magazine, where he has a go at the journalist