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Pricegrabber for sale

Andrew 9
Comments 2
Betting closes on Jun 30 2008

According to the Sunday Times (more: Reuters, paidContent) Experian has appointed Allen & Co. to find interested buyers for Pricegrabber, which Experian purchased three years ago for approximately $500 million.

As noted by The Times, "While revenues across Experian’s credit services fell 2% in the three months to December, underlying revenues at Pricegrabber rose 9%. The site claims to have 26m online visitors a month." So, while Pricegrabber seems healthy, it remains to be seen if Experian can sell the property at a profit.

This is a prediction that Experian will receive a public offer for Pricegrabber by the end of June, 2008.

Current Community Consensus 50%

Prediction Statistics

Betting Closes:Jun 30 2008Current Consensus:50.00%Total Bets:7
Today's Change:
0%
Life Time High:52.50%
Life Time Low:48.75%

Comments

Good one.



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