socalTECH

NOVEMBER 25, 2015

Woodland Hills-based United Online announced this morning that it has embarked an a "review of strategic alternatives", including the potential sale of the company or sales of its assets, after an unsolicited takeover offer from B. Riley Capital Management.

Woodland Hills 100

Woodland Hills Sales Capital Company 100

socalTECH

APRIL 1, 2016

Woodland Hills-based United Online has sold its StayFriends social networking site, to German company Stroer Content Group GmbH , the company said Thursday afternoon. United Online said it will receive 16.0 million euros ($18.3M US) for StayFriends. READ MORE>>.

Woodland Hills 100

Woodland Hills Social Media Social Network Sites 100

socalTECH

AUGUST 12, 2015

Woodland Hills-based United Online said this morning that it has sold its Classmates subsidiary, to Intelius Holdings , for a mere $30M in cash. According to United Online, the sale is a "great outcome" for the company, and will allow it to add additional capital to its other existing businesses.

Woodland Hills 100

Woodland Hills Sales Capital Company 100

socalTECH

JANUARY 11, 2016

Woodland Hills-based United Online announced this morning that it has named Jeff Goldtsein as a new, interim CEO for the company, replacing Howard Phansteil. Goldstein was the former President of PriceGrabber, which he had led from April 2013 until its sale to Connexity last June.

Woodland Hills 100

Woodland Hills Sales Media Capital 100

socalTECH

NOVEMBER 3, 2015

Woodland Hills-based United Online said Tuesday that it has hired an investment banker to sell its European social networking website, StayFriends. United Online also says that, as part of those efforts, it has also hired JMP Securities LLC to help it with M&A efforts, as it looks in the area of commerce and loyalty for growth.

Woodland Hills 100

Woodland Hills Social Network Commerce Networking 100