Glam Media Plans To IPO In Second Half Of Next Year
Amit Chowdhry | Monday December 19, 2011 | 282 views| Add a Comment
Categorized under
Glam Media, Goldman Sachs Group Inc., Goldman-Sachs, Morgan Stanley
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Glam Media is expected to have an IPO in either the third or fourth quarter of 2012. The company is currently talking to bankers such as Goldman Sachs and Morgan Stanley to lead the IPO. Glam Media is expected to top 206 million unique visitors per month across all of their properties. It is currently a comScore Top 10 U.S. Web Property. Glam is rumored to be valued at $950 million after acquiring Ning for about $200 million. [BusinessInsider]
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