Filings Watch: Pearson Bought Money-Media For $64M; Amazon.com's Withoutabox Purchase: $19M?
This story was written by Rafat Ali.
Some filings deep-dive this weekend:
-- Pearson: According to its annual report, filed with SEC on Friday, Pearson (NYSE: PSO), the parent Financial Times and FT.com, acquired Money-Media, an online news source for the money management industry, in Jan this year. The terms were not disclosed then, but in the filing, the acquisition amount is listed as $64 million. The NYC-based website/company had revenue of $16 million in 2007.
-- Amazon.com: The company filed its quarterly 10-Q with SEC on Friday, and though it doesn't break out its acquisitions for the quarter, it does mention the total amount for Q108: $319 million. The only two public acquisition we know of are Audible (NSDQ: ADBL) and Indie film site Withoutabox. The former's price was public at $300 million; the latter wasn't disclosed. So unless Amazon (NSDQ: AMZN) made another un-announced small acquisition in the quarter, the price for the eight-year old indie movie distribution site Withoutabox was $19 million.
By Rafat Ali