What happened XOXO stock?
What happened XOXO stock?
xoxo ran up 23% in premarket trade Tuesday, after the company agreed to be acquired, and merge with WeddingWire, in a deal valued at $933 million. After closing, which is expected to occur in the first half of 2019, the combined company will be owned by current WeddingWire investors Permira Funds and Spectrum Equity.
Is XO owned by Verizon?
(NYSE, NASDAQ: VZ) announced today it has completed the $1.8 billion purchase of XO Communications’ fiber-optic network business. Verizon’s purchase and integration of XO’s fiber network will help the company extend its suite of high-quality network services to its enterprise and wholesale customers.
Is XO publicly traded?
About XO Group Inc. The Company is publicly listed on the New York Stock Exchange and is headquartered in New York City.
How much is the knot worldwide worth?
The Knot, which respawned as an umbrella company called XO Group in 2011, is worth more than $900 million, growing even as it’s forced to pivot away from a pageview-driven media model as well.
Who bought the knot?
WeddingWire announced on September 25th that the public company XO Group, which owns The Knot and several other website and services, has agreed to be taken private with shareholders receiving $35 per share in cash (a 27% premium to the stock price at closing on September 24th).
Who bought XO?
WeddingWire Inc.
WeddingWire and The Knot, well, tie the knot. They are now one. The owner of Chevy Chase-based WeddingWire Inc. has closed on its nearly $1 billion deal to acquire XO Group Inc., parent company of The Knot. May they live happily ever after.
When did XO Group go public?
In December 1999, the company raised $35 million in an initial public offering. On December 2, 2000, the company launched its own bridal magazine and went public.
Does The Knot own WeddingWire?
The combined company will maintain both brands, The Knot, and WeddingWire, as separate consumer products so that couples can continue to enjoy both offerings while delivering enhanced value to wedding professionals and partners across the globe.
Who owns The Knot wedding?
Xo Group
WeddingChannel/Parent organizations
Carley Roney and David Liu co-founded XO Group, formerly known as The Knot. Their marriage has survived two IPOs and extreme highs and lows.
Who funded Zola?
Zola is funded by 13 investors. Bienville Capital and Convivialite Ventures are the most recent investors….Investors.
| Investor Name | Comcast Ventures |
|---|---|
| Lead Investor | — |
| Funding Round | Series D – Zola |
| Partners | Sam Landman |
