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ReachLocal Acquired By Gannett For $156M

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Woodland Hills-based ReachLocal is being acquired by publishing giant Gannett Co. , in a deal worth approximately $156M, the two companies said on Monday afternoon. ReachLocal said Gannett would pay $4.60 per share in cash for the company. READ MORE>>.

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ReachLocal Acquires Division of New Zealand Company

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Woodland Hills-based ReachLocal , which helps run local, online marketing efforts for small and medium sized businesses, said today that it has acquired a divisio of a New Zealand company, the SME division of SureFire Search Limied. Financial terms of the acquisition deal were not announced. READ MORE>>.

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ReachLocal Names Two Executives

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Woodland Hills-based ReachLocal said Monday that it has named two new executives, hiring Paras Maniar as the company''s new Chief Strategy Officer, and Megan Opp as the company''s new Chief People Officer. The new hires come as ReachLocal has been building up a new executive team, headed by new CEO Sharon Rowlands.

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ReachLocal's Zorik Gordon On Daily Deals

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Earlier this week, Woodland Hills-based ReachLocal (www.reachlocal.com), which helps small and medium sized businesses place online ads, announced a deal to buy daily deals site DealOn.com. So what is the strategy behind the acquisition, and how do you see this fitting into the daily deals area? We are extremely well positioned.

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ReachLocal Grows Revenues By 47 Percent

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Woodland Hills-based ReachLocal , the provider of local online marketing services for small and medium sized businesses, reported its results Tuesday, saying that it had $77.1M The firm's net income last year in Q3 was boosted by a one-time gain related to the acquisition of its Australian subsidiary. in revenues. for the quarter.

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ReachLocal Sets IPO Pricing Range

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Woodland Hills-based ReachLocal has updated its IPO pricing range, indicating this week in an updated S-1 that it expects the initial pricing of its IPO to be between $17.00 ReachLocal's IPO is being underwritten by J.P. Morgan, BofA Merrill Lynch, Citi, Piper Jaffray, Needham & Company LLC, and Gleacher & Company.

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ReachLocal Files For IPO

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Woodland Hills-based ReachLocal filed for an IPO this morning, saying that it is looking to raise up to $100M. Morgan, BofA Merrill Lynch, citi, Piper Jaffray, Needham & Company, and Broadpoint.Gleacher. Accoriding to ReachLocal, it had net income of $11.6M The firm's IPO is being underwritten by J.P. READ MORE>>.