Dominic Ponsford
Britain’s biggest newspaper publisher Trinity Mirror has continued its online expansion by buying Financial Jobs Online Limited.
It follows the company’s purchase of house-buying
website Smartnewhomes.com last month and expansion of its in-house web
activities. According to Trinity Mirror, the recruitment website
will now “benefit from the full cross-promotional power of the Group’s
portfolio of newspapers and its growing online network”.
website Smartnewhomes.com last month and expansion of its in-house web
activities. According to Trinity Mirror, the recruitment website
will now “benefit from the full cross-promotional power of the Group’s
portfolio of newspapers and its growing online network”.
Company chief executive Sly Bailey said: “Digital
is a key driver of our growth strategy and recruitment is an important
pillar of our advertising revenue, which makes GAAPweb a perfect fit
for Trinity Mirror.
is a key driver of our growth strategy and recruitment is an important
pillar of our advertising revenue, which makes GAAPweb a perfect fit
for Trinity Mirror.
“Our strategy is a careful mix of organic and
M&A [merger and acquisition] opportunities which so far this year
has seen the launch of 17 new magazines, newspapers and online services
and two important acquisitions.”
M&A [merger and acquisition] opportunities which so far this year
has seen the launch of 17 new magazines, newspapers and online services
and two important acquisitions.”
Trinity
Mirror is paying £10.45 million for the site with another £2.6 million
of the price tag dependent on earnings. The company paid £16.6 million
for Smartnewhomes.com.
Mirror is paying £10.45 million for the site with another £2.6 million
of the price tag dependent on earnings. The company paid £16.6 million
for Smartnewhomes.com.
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