Breaking news: Rebelio closes in The Netherlands

The word is out that Rebelio has officially closed down its operations in The Netherlands. Currently I do not know what this means for the other countries, but it isn’t good news. Some time ago I already posted my concerns about Rebelio; it seems that my source was right…

Read more on ‘what’s up with Rebelio‘.

Currently I am not able to reach any website anymore of Rebelio… They all provide an error.

Ciao! sold to private investment firm

Greenfield Online, Inc. (Nasdaq: SRVY) has announced that it has entered into a merger agreement to be acquired by an entity affiliated with Quadrangle Group LLC, a private investment firm focused on the media and communications industries. Under the terms of the merger agreement, Quadrangle will acquire all of the outstanding common stock of Greenfield Online, Inc. for $15.50 per share in cash, or a total equity value of approximately $426 million. The purchase price represents a premium of approximately 17% over the Company’s closing share price of $13.28 on June 13, 2008 and a premium of approximately 26% over the average closing share price during the prior 30 days.

The Board of Directors of Greenfield Online has unanimously approved the merger and recommends to stockholders that they vote in favor of the merger. Albert Angrisani, Greenfield Online’s President and Chief Executive Officer said: “Clearly Quadrangle values Greenfield Online’s two growing and profitable businesses, Comparison Shopping and Internet Survey Solutions, along with their global leadership position, satisfied clients and talented employees. We expect the transition will be positive for our business, our customers and employees, and we look forward to leveraging Quadrangle’s expertise in the media, communication and information industries.”

Gordon Holmes, Managing Principal of Quadrangle said:

“Having followed Greenfield Online closely over an extended period, we became increasingly impressed with its international leadership position in online comparison shopping and survey research, as well as its record of strong growth. Using our New York and London offices and our new office in Silicon Valley led by Dan Rosensweig, we were able to fully analyze and appreciate the strength of Greenfield’s global platform, and determine that it represents an attractive investment opportunity for Quadrangle, consistent with our ongoing focus on the media and communications industry.”

Dan Rosensweig, Operating Principal of Quadrangle said:

“Greenfield Online’s internet-based business differentiates itself with a strategic position based on developing strong communities and offering valuable review and survey content. I am confident that with Quadrangle’s extensive experience in online businesses, we will be able to help the company to expand its activities and continue to achieve significant growth.”

Dooyoo sold to LeGuide.com

Finally Dooyoo has been acquired by another CSE. It was no secret that Dooyoo was for sale for around EUR 10 to 15 million euro. For now no details about the deal will be disclosed, but it is expected to be a bit lower than the numbers above. What LeGuide.com will do with the Dooyoo brand remains unsure, but considering the large amounts of money that were put into the Dooyoo brand it is a safe bet to say that they will leave it untouched. Most likely scenario will be that LeGuide.com will rebrand their current (unsuccesful) brand Antag into Dooyoo. LeGuide.com also has a ‘shop directory’ in a number of European countries.

For more info, read on at LifePR