Analyst Research

Report Title Price
Provider: Stock Traders Daily
$20.00
Provider: Pechala's Reports
$15.00
Provider: Pechala's Reports
$25.00
Provider: Reuters Investment Profile
$20.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Marchex Inc to Maintain Archeo as Division


Thursday, 19 Sep 2013 04:05pm EDT 

Marchex Inc announced that it will not pursue a spin-off of its domains-related assets into a stand-alone, publicly-traded company at this time and that Archeo will continue to operate as an independent division of Marchex. Marchex came to this conclusion as part of a recent strategic review. The review began this summer after Marchex sold certain pay-per-click assets, which were operating under Archeo, in July. Marchex sold the assets to help sharpen Archeo`s focus and market opportunity around domains, but as a result, Archeo`s overall financial profile became smaller. The review determined that the incremental costs and complexities associated with taking Archeo public at this time would be prohibitive, and that Archeo`s value to shareholders is recognized as a segmented division of Marchex. 

Company Quote

4.0
-0.07 -1.72%
19 Sep 2014