Greenfield Online – Ciao’s Parent – Acquired

via the WSJ. Thanks for the tip, Siva.

Will have to follow up with the Ciao team later this week, but just wanted to pass along the news that Greenfield Online, parent of Ciao, was acquired by Quadrangle Group (private equity firm) for approximately $426mm. Greenfield Online is a public company (NASDAQ:SRVY). The purchase price is a 17% premium to closing price on Friday.

This entry was posted on Monday, June 16th, 2008 at 8:18 am and is filed under Ciao. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to Greenfield Online – Ciao’s Parent – Acquired

afreydin says:

June 16, 2008 at 8:24 am

Great, I sold my Greenfield shares a month ago.

Thanks for the update.

Reply
Microsoft Acquires Ciao | ComparisonEngines.com says:

August 29, 2008 at 8:14 am

[...] Microsoft acquired Greenfield Online, owners of the shopping engine, Ciao. Back in June, Greenfield Online announced that it was being acquired by Quadrangle Group, a private equity firm, for $426mm. Microsoft made a better offer of $486mm and Greenfield [...]

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