Management buy-out at Swissclick
Internet: The online advertising platform Swissclick has been sold to its former managing director, Roger Baltensweiler, retroactive to January 1.
Internet The online advertising platform Swissclick has been sold to the previous managing director Roger Baltensweiler with retroactive effect from January 1.Internet The online advertising platform Swissclick has been sold to the previous managing director Roger Baltensweiler with retroactive effect from January 1. Swissclick previously belonged to the publishing houses Basler Mediengruppe, Edipresse, Neue Luzerner Zeitung AG and Neue Zürcher Zeitung AG (NZZ)
and the advertising marketer Publicitas. Based on the experience of similar online platforms, the existing shareholders came to the conclusion that "securing the business activities of Swissclick AG is best placed with an owner who is fully active in the Internet business". No details were given about the purchase price. The NZZ speculated that in view of the company's losses, hardly any money is likely to have been paid.
and the advertising marketer Publicitas. Based on the experience of similar online platforms, the existing shareholders came to the conclusion that "securing the business activities of Swissclick AG is best placed with an owner who is fully active in the Internet business". No details were given about the purchase price. The NZZ speculated that in view of the company's losses, hardly any money is likely to have been paid.
