Wednesday, November 6, 2013
ValueClick Looks To Sell Investopedia, PriceRunner
Westlake Village-based online advertising and marketing firm ValueClick said late Tuesday that it is planning to divest its "Owned & Operated" websites segment, the company's division which runs such sites as Investopedia, PriceRunner, Smarter.com, SymptomFind, and CouponMountain.com. According to ValueClick, it has retained Wells Fargo Securities as part of the move. ValueClick said it has determined that those businesses do not align with its strategy. ValueClick's Owned & Operated segment is based in Monrovia, California. ValueClick said it will continue to operate those businesses while it seeks a buyer for the unit.