FindWhat abandons Espotting?

[perkoch]

According to Reuters FindWhat is renegotiating its merger with Espotting Media Inc. and may even leave the bride at the altar:

[reuters.com...]

[lazerzubb]

Very interesting, i raised the point before, but it seemed they pushed the financial information regarding Espottings economy situation too much in their last quarterly report (Not the one released today)

[webdiversity]

Ouch that has to hurt.

Both could get left at the altar if they don't get it sorted.

[vibgyor79]

I was just checking the financials and general profile of FindWhat at Hoovers.com
[hoovers.com...]

FindWhat.com is taking itself private

What does it mean? Are they going to delist from NASDAQ?

[Bobby_Davro]

That seems to be what it is suggesting. I presume that this is in preparation for a Microsoft buyout in the future, if it is true?

If ever there was a time to buy back shares, it is today; look at their plummeting share price.

I doubt that this will mean that Findwhat will scupper the deal. If Findwhat want to break into Europe, then Espotting is the only route available. And now they will get it at a knock down price as well.

[nutsandbolts]

No surprise once Yahoo! snapped up Overture. For instance, why bother buying Espotting for the Yahoo! UK directory when they can simply move their very own Overture into the space....