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Office Of Fair Trading Will Investigate Brightsolid Acquisition Of Friends Reunited November 4, 2009

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Friendsreunited logo nove SCOTSMAN – Nov 3 – OFT decided
yesterday to refer Brightsolid’s £25 million acquisition of ITV’s
Friends Reunited to the Competition Commission. The deal includes the
core website, Friends Reunited, Friends Reunited Dating, and OFT’s
point of contention, Genes Reunited. OFT claims this deal will
greatly reduce the competition in the genealogy sector. ITV
originally purchased Friends Reunited in 2005 for £175m. FULL ARTICLE @ SCOTSMAN

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