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United Online Sells StayFriends

socalTECH

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>>.

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United Online Puts StayFriends On The Block

socalTECH

Woodland Hills-based United Online said Tuesday that it has hired an investment banker to sell its European social networking website, StayFriends. United Online did not say how much it is hoping to get for StayFriends.