Friends Reunited Sold For £25 Million

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Friends Reunited Sold For £25 Million

Postby snwmark » Thu Aug 06, 2009 5:15 pm

MASHABLE -- Aug 6 -- Friends Reunited, acquired by ITV in 2005 for £175M, has been sold to Brightsolid, a subsidiary of Beano comic book publisher DC Thomson, for £25M. For Brightsolid the most attractive part of the business is Genes Reunited which has millions of members, is still growing and has a solid revenue stream through subscriptions.

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