MARCHEX GOT GAME? DEY GOT SUPERPAGES!
January 29th, 2008 Posted in Big Domain Doggies, Business Sector
Marchex and Idearc Media Announce Local Advertising Agreement
Looks like Marchex is beginning to hit the targets they’re looking for and those targets are going to spill big cash. They just inked a deal with Idearc Media for placing ads from Superpages on their 200k+ websites. Big for Superpages, big for Marchex.
In other news before the inking deal with Idearc, some pundits were talking about several options for the hard-to-pin-down-and-analyze Marchex (at least for the Wall Street crowd). There’s been talk of two options wavering like a lonely ghost in front of the Marchex investment future:
Management Lead Private Equity Buyout - The company big boys could be offering something in the $15+ per share range to take the company private. This wouldn’t make the stockholders happy, since that price was trading last year. However, rumors that management at Marchex were so frustrated that they wanted it all for themselves and were going to pick it off.
BUT, then others insinuations popped up that —hmmmm….
Third Party buyout of Marchex - Bop-A-Weasel!! Good grief, there are rumors that News Corp. (NWS) wants to buy an ad network to inject super adjuice into MySpace, WSJ.com and the many online website properties they’ve horded together, and Rupert the Super “Not American” News Mogul isn’t happy about certain relationships between his current ad company and other “entities”.
I don’t profess to be a Wall Street Guru, but I can say that the first part of this story is going to make Marchex the New Media white horse of glory in the year 2008. Anyone want to come along as I back it up with stock buys? I will if you will!
