Online media conglomerate Liberty Media has picked up a controlling stake in fitness portal Bodybuilding.com for over $100 million, reports yesterday’s Wall Street Journal. The company is always interested in buying “high-growth Internet businesses targeted at narrow customer segments,” CEO Greg Maffei told the Journal. Past acquisitions include Backcountry.com and Provide Commerce, an online retailer that owns ProFlowers.com.
Tags: co:Bodybuilding.com, co:Liberty-Media
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One Comment
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Peter - Rhimba Dance Synergy Fitness said:
Well I hope that once our site grows big they’ll offer to buy it.
We just started Rhimba - Dance Synergy Fitness.This is targeted at a narrow segment of people so Liberty Media may be interested in the future.