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Archive for the ‘Mergers & Acquisitions’ Category

Community Connect bought buy RadioOne for $38 million

Thursday, April 10th, 2008

Community Connect was purchased by RadioOne today for $38 million. We broke the news first on Community Connect being up for sale back in February. Community Connect owns BlackPlanet.com, MiGente.com, and AsianAve.com. This is a major move in the space as RadioOne continues to make strategic decisions regarding their interactive venture, InteractiveOne.

Posted in BlackPlanet, Mergers & Acquisitions, News, Social Networking, Strategy, Web 2.0, Web Trends | 6 Comments »