SEC filing provides details about the purchase price of BlackFriday.com, including the price and the date of the purchase.
The largest in-store shopping day of the year in the United States, Black Friday is the day after Thanksgiving and many people from different countries participate by doing their holiday shopping on that day. There are also countless websites promotes Black Friday and information about the good deals.
Acquired on November 7, 2017
BlackFriday.com is also a website that aggregates Black Friday sales and special offers from retailers. According to the SEC filing, Ziff Davis had acquired the BlackFriday.com back in 2017. Here is the mention of the BlackFriday.com in the SEC filing:
“In connection with the acquisition of blackfriday.com on November 7, 2017, contingent consideration of up to an aggregate of $1.5 million may be payable upon achieving certain future income thresholds and had a fair value of $0.8 million at December 31, 2017 which was recorded as an other long-term liability on the consolidated balance sheet at December 31, 2017.”
You can find more information on the SEC filing.
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