Ex AOL official Robert Pittman has put Daily Candy up for auction. He is expected to sell it for more than $100 million. Daily Candy’s email newsletters make daily recommendations on shopping, entertainment, food and media.


Ex AOL official Robert Pittman has put Daily Candy up for auction. He is expected to sell it for more than $100 million. Daily Candy’s email newsletters make daily recommendations on shopping, entertainment, food and media.

“While a relatively small transaction, a Daily Candy auction will be an important barometer for the pace and valuation of Web deal making”. [source]

Mr. Pittman bought a controlling stake in Daily Candy for about $3.5 million in 2003.

 

 

 

 

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