You are hereMore Consolidation In Europe: GoAdv To Acquire LeGuide.com For €50 Million

More Consolidation In Europe: GoAdv To Acquire LeGuide.com For €50 Million


By www - Posted on 23 February 2009

After Meetic buying the European operations of Match.com last week, here's another sign the online media landscape in Europe is changing in the face of a dire economy: pan-European online media company GoAdv will later today announce that it has proposed to acquire LeGuide.com, an 11-year old network of shopping portals operational in 14 European countries, for €50 million (about €64.5 million), and retain all of its staff and offices.