Findwhat.com Merges with Espotting media
 

By Tim Richardson
Published Tuesday 8th June 2004 14:42 GMT

Shareholders of European outfit Espotting Media ad US-based FindWhat.com have finally agreed to a merger that will see the creation of an enlarged paid-for listings operation.

The merger of the pay-per-click advertisers is set to be completed 1 July. Those behind the deal reckon it will "create the largest independent player in [the] sector".


Under the terms of the agreement Espotting stockholders will receive seven million shares of FindWhat.com common stock and approximately $20m (£11m) in cash.

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found this interesting i know a lot of you may use findwhat for ppc ad campaings and such...

i cant believe how much they are valued at...crazy