Feeds

Friends Reunited ponders sale

Looking for a new best friend?

  • alert
  • submit to reddit

The essential guide to IT transformation

Friends Reunited - the site that lets people track down long lost chums - could be put up for sale, according to The Sunday Times.

The company - valued at around £120m - has hired financial advisors to work out a plan for the future which might include the full or partial sale of the business.

Nothing has been agreed as yet and any sale is unlikely to be completed in the near future, said the report.

Last month Friends Reunited celebrated its fifth birthday, announcing that more than 12 million people had registered with the popular site. ®

Related stories

Anonymity no protection for online libellers
Cyber-stalker faces sentencing today
Man stabs long-lost Friends Reunited mate 7 times
FriendsReunited buys Aussie site
Jilted lover jailed for email stalking
Police arrest Forces Reunited hacker

Next gen security for virtualised datacentres

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Kaspersky backpedals on 'done nothing wrong, nothing to fear' blather
Founder (and internet passport fan) now says privacy is precious
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
Primetime precrime? Minority Report TV series 'being developed'
I have to know. I have to find out what happened to my life
Sit tight, fanbois. Apple's '$400' wearable release slips into early 2015
Sources: time to put in plenty of clock-watching for' iWatch
prev story

Whitepapers

5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Backing up Big Data
Solving backup challenges and “protect everything from everywhere,” as we move into the era of big data management and the adoption of BYOD.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?