S&M in M&As & public digital companies

As a break from  some small M&A news you may have heard last Friday, I spent a rare few minutes looking through my blog stats Monday night, and noticed a lot of traffic coming from Google searches for ‘Hyro’ &  ‘Blue Freeway’, and various combinations involving ‘CEO’.

Not that surprising given what’s been going on of late, but I had a pang of guilt, because all the pages on my blog that Google directed searchers to were old news. So, here’s a post so there’s at least a bit more recent content for those future searchers:

• Amid the continual fall in BlueFreeway’s share price on the ASX, CEO Richard Webb resigned last Wednesday (Jan 30). CFO Ken McDonnell also resigned (the announcement to the ASX cite’s Ken resignation as "due to personal reasons"). Shane Murray & Steve Fanale, from portfolio companies Viva9 and MassMedia, will take on joint COO duties, while a new CEO is found. ASX announcement (PDF) here.

• A spectacular share price fall & v ordinary interim results has also claimed another CEO - Joe Calavassy of Hyro resigned last Friday (Feb 01). ASX announcement (PDF) here.

My blog stats turned me on to something entirely different though. There were a lot of search terms such as "Naked Photon". One or two would have been nothing, but there were quite a few. So I did a search myself, and found Paul McIntyre’s (Fairfax marketing/media journo) article here about the speculation.

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The above  was going to be my post on Monday night London time.

But then Photon made the announcement and lifted the trading halt. This will teach me for procrastinating on a post.

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(Disclaimer: As always mentioned in the sidebar to the right, I have a small parcel of Hyro shares, a small parcel of eMitch shares, and a small parcel of Photon Group shares.)