alarm:clock

Media - Monday, July 16, 2007

Search Bigs Jostling For India's Rediff

rediff.png
We are seeing reports in Barrons and the Hindustan Times that publicly traded Indian media business Rediff is getting buyout bids from Google, Yahoo and AOL. We understand interest from the later two but don't see Rediff fitting in well with Google's search and apps focus. Rediff is a media business that would seem to be a better fit with AOL and Yahoo. Rediff's stock has risen on the rumor and the Hindustand Times speculates that it could get a $1B valuation.

Read - Hindustan Times report

Post a comment




Remember Me?


More Recent Articles

ThumbShopping Site Gilt Group Raises $40M at $400M Val

Thursday July 2, 2009

NYC's private shopping firm Gilt Groupe has raised $40M from General Atlantic and Matrix Partners at a $400M valuation. Gilt Groupe provides access, by invitation only, to men’s, women’s and children’s fashion and luxury brands at discount pri... Full Story

ThumbAH Belo Joins $2M Investment In Real Estate Search Tool Sawbuck

Thursday July 2, 2009

AH Belo (NYSE: BLC) has led a $2M investment in online real estate brokerage Sawbuck Realty. Sawbuck is an online real estate broker that connects consumers with local real estate agents. Sawbuck takes a cut of any commissions. The company’s servi... Full Story

Listen to alarm:clock

alarm:clock © 2004-2008

Swift Internet