Around the Net
Lagardere Acquires Majority Of Shopping Site LeGuide.com
- PaidContent.org , Tuesday, June 19, 2012 1:42 PM
French magazine and book publisher and broadcaster Lagardère, which underperforms in digital media, is shelling out an improved €28 per share (€98.2 million, $124 million) for the site, which also does price comparison for 161 million offers and 76,200 merchants across 14 European countries. Lagardère is a giant, operating book publishers (incorporating Hachette Livre); magazines like Paris Match, Elle and Psychologies; broadcasters like Virgin Radio; plus a retail news distribution business and a sports talent management wing.
