Today’s Deals: EDGAR Online Makes Second Acquisition This Week

Chinadotcom + Miller Freeman
Asia
, EDGAR Online + Financial Insight
Systems
, GetAsia + LegManila.com, Localvibe.com,
ClickTheCity.com
, HeavenlyDoor.com + WWH Insurance
Services
, iExchange.com + InteractiveFunds.com, WorldMall.com + Core Business Solutions, Net Mark Design











































 Chinadotcom (CHINA) acquires Miller Freeman Asia
unit

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Content/Communities

 

  
* 
Scorecard:
      A-

 



    HONG KONG, Oct. 19–chinadotcom , a
    pan-Asian integrated Internet company, announced the acquisition of a 100%
    stake in Miller Freeman Asia’s travel & tourism group and the
    group’s publishing services division by its subsidiary, hongkong.com. Based in Singapore, the
    acquired business is Asia’s leading travel trade publisher, publishing
    eight regular publications and organizing various major travel trade shows
    in Asia. The acquisition of Miller Freeman Asia’s travel & tourism group
    and the group’s publishing services division illustrate how chinadotcom leverages its synergistic
    investment strategy to strengthen its portal network content and community
    and drive its B2B e-commerce revenue.


     

 
































 EDGAR Online (EDGR) to acquire Financial Insight
Systems

 

  
* 
Amount:
         $28
million

 

  
* 
Terms:
           
2.45 million shares/$11.8 million cash

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Financial
services

 

  
* 
Scorecard:
      B

 



    NORWALK, Conn., Oct. 19–EDGAR Online , an
    Internet-based provider of business, financial and competitive information
    derived from U.S. Securities and Exchange Commission EDGAR filings,
    announced that it has entered into a definitive agreement to acquire
    Financial Insight Systems, a privately-held company that sells
    EDGAR-derived data and information systems to large financial institutions.
    The acquisition is expected to significantly enhance EDGAR Online’s position as a leading,
    full service, financial information provider. EDGAR Online will purchase
    all the outstanding shares of FIS for $11.8 million in cash, 2.45 million
    shares of newly issued EDGAR Online stock and a $6 million two-year 7.5%
    note, for a total transaction value of $28 million.


     

 































 iExchange.com and InteractiveFunds.com to
merge

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Financial
services

 

  
* 
Scorecard:
      B+

 



    LOS ANGELES & DALLAS, Oct. 19–iExchange.com and
    InteractiveFunds.com announced that they will merge to pioneer
    development in community-based financial services. The combined company
    will deliver robust investment products and services utilizing InteractiveFunds.com’s
    sophisticated and proprietary asset management technologies and investment
    intelligence from iExchange.com’s
    community of individual investors. The first product will be a
    community-based mutual fund. It will utilize quantitative money management
    tools to mine the grassroots investment intelligence of a growing community
    of over 9,000 individual investors. Terms of the transaction were not
    disclosed.


     

 
































 WorldMall.com acquires Core Business Solutions,
Net Mark Design

 

  
* 
Amount:
    &

nbsp;   
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Consultants/Designers

 

  
* 
Scorecard:
      n/a

 



    RALEIGH, N.C., Oct. 19–World Mall, owners and operators of
    WorldMall.com, announced the
    acquisition of two web design and hosting companies – Rochester based
    Core Business Solutions and Syracuse based Net Mark Design.
    The acquisition of Net Mark Design and Core Business Solutions will help
    WorldMall.com continue to grow in customer size. Terms of the transaction
    were not disclosed.


     

 































 HeavenlyDoor.com to acquire WWH Insurance
Services

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Content/Communities

 

  
* 
Scorecard:
      C

 



    NEW YORK, Oct. 19–HeavenlyDoor.com , the
    first publicly traded consumer funeral industry Web portal and WWH
    Insurance Services have signed a non-binding letter of intent for the
    acquisition of WWH by HeavenlyDoor.com. WWH is a privately
    held national independent distributor of life and health insurance
    products, and will provide HeavenlyDoor.com with a major increase in the
    portfolio of products and services it can offers its target market of
    adults 50 years of age and over.


     

 
































 GetAsia acquires LegManila.com, Localvibe.com,
ClickTheCity.com

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Content/Communities

 

  
* 
Scorecard:
      C

 



    MANILA, Philippines, Oct. 19–GetAsia.com has acquired three
    leading Filipino city guide and lifestyle portals — LegManila.com,
    Localvibe.com and ClickTheCity.com. The deal marks GetAsia’s entry into the Philippine
    market, adding to the company’s already impressive roster of sites. The
    resulting merger between Localvibe.com, LegManila.com and its subsidiary site,
    ClickTheCity.com, will create the
    most comprehensive lifestyle and city guide Web site in the Philippines.
    Terms of the transaction were not disclosed.


     

 

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