THK to Buy Web Diversity

7 comments

Despite recent rumours and scandal surrounding Think Partnership, owners of Websourced. And despite having to ahem... restate their financials for the last couple years, THK have signed a letter of intent to buy Web Diversity.

Hope you're going to make a packet on that Jim!

Comments

Well done Jim!

Well done Jim!

>> THK will acquire Web

>> THK will acquire Web Diversity for an upfront consideration of $1 million in cash and $1 million in common stock

Thats it ?

Seems like a good deal to

Seems like a good deal to me. Jim sure they not shafting you?

2 times profit plus another

4 times profit for a growth company?

I'd pay more than that if I had a couple mil lying around.

Undervalued by a factor of 3 I'd say.

Good time to sell

with google about to shaft agencies on kickbacks

Surprised ...

To be honest i am quite surprised by the revenue projection for a well known company like that!.

Anyway congrats to Jim !.

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