Demand Media (DMD) was in advanced talks to sell itself to P-E firm Thomas H. Lee Partners for up to $1.2B, almost twice its market cap of $605M, All Things D reports. However, Demand ended the negotiations due to complications over Lee’s ability to… | PennyStockPayCheck.com

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Demand Media (DMD) was in advanced talks to sell itself to P-E firm Thomas H. Lee Partners for up to $1.2B, almost twice its market cap of $605M, All Things D reports. However, Demand ended the negotiations due to complications over Lee’s ability to…

Posted by admin | Posted on 30-04-2012

Category : World News

Tags: ability, advanced, cap, closed, deal, demand, dmd, ended, firm, negotiations, post, retaining, sell, things

Demand Media (DMD) was in advanced talks to sell itself to P-E firm Thomas H. Lee Partners for up to $1.2B, almost twice its market cap of $605M, All Things D reports. However, Demand ended the negotiations due to complications over Lee’s ability to finance the deal and worries about retaining execs once it had been closed. Post your comment!

See the rest here: Demand Media (DMD) was in advanced talks to sell itself to P-E firm Thomas H. Lee Partners for up to $1.2B, almost twice its market cap of $605M, All Things D reports. However, Demand ended the negotiations due to complications over Lee’s ability to…

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