business sale

Condé Nast International CEO Jonathan Newhouse, in a note to 75 staffers announcing the sale, said the e-commerce venture “had fallen very short of where we hoped [it] would be.” It marks the second time Condé has taken a big swing at e-commerce — and missed. In 2014, it sold a big stake in...

Hilco Streambank is auctioning off the intellectual property assets of The Sports Authority, Inc.., including its brands, trademarks, patents and web and customer assets and the domain names owned by the company (the “Assets”). On the domain front Sports Authority owns 628 Domain Names...

Online content media company, Demand Media, has reportedly sold the web site Cracked.com to E.W. Scripps Co., a print and online publisher. The all-cash sale of Cracked.com, a web site providing odd, trivia and other entertaining content, was for $39 million dollars. Shares of Demand Media...