Robert Pittman, a former executive at AOL, spent $3.5 million for controlling stake in a small online e-mail publishing venture in 2003. What a difference three years makes. That small business, Daily
Candy, has grown from one newsletter targeting trendy New York women to 11 newsletters published for additional big cities, including Chicago, San Francisco and London. And it's time to capitalize on
the company's success. Pittman put the business up for sale and insiders estimate the company could command upwards of $100 million from potential suitors.
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