Quepasa Merges with myYearbook for $100 Million

Posted Jul 20, 2011

Quepasa, the Latin audience-focused social network, has merged with myYearbook. The deal is $82 million in stock and $18 million in cash, and the merger brings the duo to 70 million combined registered users. Geoff Cook, CEO of myYearbook, joins Quepasa’s board of directors as Chief Operating Officer and president of the consumer internet division. Quepasa CEO John Abbott will remain at the head of the company. [TechCrunch]