Sidoti Upgrades j2 Global Communications (JCOM) to Buy

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Go back to Sidoti Upgrades j2 Global Communications (JCOM) to Buy

j2 Global (JCOM) Acquires Ziff Davis in $167M Deal; Sees FY12 Revs Exceeding Prior Outlook

November 12, 2012 10:08 AM EST

j2 Global, Inc. (NasdaqGS: JCOM) has acquired Ziff Davis, Inc., a leading media company in the technology market. The acquisition provides j2 a series of world-class web properties, including PCMag.com, ComputerShopper, ExtremeTech, Toolbox.com and Geek.com.

The purchase price was approximately $167 million, net of certain post-closing adjustments, and was... More