CBS Acquires High School Sports Site
Written by on March 20th, 2007 in Ajax News.
CBS announced the acquisition of MaxPreps, the largest high school sports site, earlier today.
The acquisition price was not disclosed, but we’re digging. We’re hearing that the company was asking for $20+ million.
Comscore says MaxPreps has about 674,000 unique monthly visitors and 14 million month page views. Traffic is way down from a year ago - March 2006 showed 26 million page views.
MaxPreps raised $8.5 million in capital from DFJ Frontier, BEV Capital and Dolphin Equity. The Company is located near Sacramento, California.
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Source: TechCrunch
Original Article: http://feeds.feedburner.com/~r/Techcrunch/~3/103120984/