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PayPerPost Acquires Performancing Assets

Discussion in 'General Business' started by T0PS3O, Jan 3, 2007.

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  1. #1
    Ted Murphy and co. have snapped up most of Performancing's assets, according to this press release. They bought Performancing Metrics, the blog stats services and Performancing Exchange, what seems to be in direct competition with PayPerPost's core business.

    Unfortunately, no purchase values have been diclosed...

    Looks to me like they want to connect with more bloggers, enabling them to pitch their services to more and more of them.

    What do you think? Where will this lead? Who's next?
     
    T0PS3O, Jan 3, 2007 IP
  2. T0PS3O

    T0PS3O Feel Good PLC

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    #2
    LOL - talk about Mickey Mouse, they've called it off:

    http://blog.payperpost.com/2007/01/performancing-deal-is-off.html

    Uhhhmmm... Is it just me or would you check something like that out before deciding to buy a company? :confused: :cool:
     
    T0PS3O, Jan 5, 2007 IP
  3. danrua

    danrua Peon

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    #3
    First announcement was LOI signing. Then deep due diligence (e.g. hands in the code) before closing with Definitive Agreement. Latest announcement was result of that pre-closing due diligence.
     
    danrua, Jan 5, 2007 IP