Tradedoubler CFO Resigns
Saturday, March 24, 2007
From Reuters, "Former AOL Bid Target Tradedoubler says CFO resigns" ...
STOCKHOLM, March 19 (Reuters) - Swedish online ad firm Tradedoubler said on Monday one of its top executives was resigning, just days after AOL, the online unit of Time Warner Inc, withdrew its $900 million bid. Tradedoubler said in a statement its Chief Financial Officer Owe Wedebrand was leaving the firm for other employment.Shares in the firm fell sharply late last week after AOL withdrew its bid, which was backed by the company's board but spurned by several of its biggest Swedish owners, leaving AOL short of its target of 90 percent acceptance."I am sorry that Owe Wedebrand is leaving the firm," Tradedoubler Chief Executive William Cooper said in the statement."He has been a great asset to the company during its journey from an unlisted firm to where Tradedoubler is today."
Tradedoubler said it was beginning the search for a new chief financial officer immediately.AOL thought it had reached a deal to buy Tradedoubler in January, in a bid to expand its European online advertising operation.Swedish institutions rejected the offer, saying it was too low.
Tags: AOL, AOL News, Tradedoubler, resignation, America Online
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New!
July 13 2006
This site and blog are not necessarily against AOL. It's a critique of some of the methods AOL uses or some may say abuses toward it's customers and/or the internet at large.
Visiting Dear AOL, for example, will reveal a petition that some are signing in order to stop AOL from sending allowed spam to your AOL email-box.
Are you being threatened with trademark infringement? Have you been ordered to transfer your domain name over? Here are some resources:
Electronic Frontier Foundation
Chilling Effects Clearinghouse
About This Blog
This blog was formed after AOL™ or America Online ™ - an online service provider - sent a threatening notice to the Registrar of the domain name www.aol-icq.net telling them to transfer it to AOL. The notice made assertions of copyright infringement of the name and even went so far as to assert their ownership of the once non-AOL controlled name ICQ™. At first blush, this may seem not so unreasonable. However. The former owner of www.aol-icq.com, acquired circa 1998 for the purpose of helping AOL members use ICQ while on AOL, is the same owner of www.aol-icq.net, which was acquired in 2002 when an accidental missing of the deadline left it open for AOL to register it.
Therefore, does this latest AOL threat sound like Reverse Domain Name Hijacking?
