Ziff still on the block, may sell this time around
Published: Tuesday, August 01, 2006
Being on the block is nothing new at Ziff Davis. The media company has been on sale longer than we have been around to report on it. However it looks like talks are heating up again at the company and the search for possible interested parties looking to get their hands on some Ziff properties. Ziff is so serious, they hired Evercore Partners and Lehman Bros. to look at alternatives. The company has been slowly trimming itself into an online and events media business which is where the bulk of its revenue comes from.Earlier we laid out a scenario where rival CMP Technology, formerly CMP Media would go after some Ziff properties or all of Ziff, but this doesn't look likely as CMP recently spent millions buying another firm. read... |



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