Web.com Acquires Yodle for $344,000,000
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3a5e7976-8f80-4d21-bc00-68dde3f13a29 - Date
2/11/2016 - Company Name
Yodle - Mailing Address
50 W 23rd St New York, NY 10010 USA - Company Description
As a leading provider of local online advertising services, Yodle helps you get found – offering the expertise and tools you need to reach these prospects, and convert them into customers. - Website
http://www.yodle.com - Transaction Type
M&A - Transaction Amount
$344,000,000 - Transaction Round
- Proceeds Purposes
- M&A Terms
Web.com will acquire 100% of the outstanding shares of Yodle with $300 million paid at close and $20 million and $22 million paid at the first and second anniversary of the closing date, respectively.
