Takeover for LoveFilm.com?
Posted on June 25th, 2009 by freedvdtrials.com
lovefilm
LoveFilm the UK’s leading film rental service in the UK with some 1m users is considering takeover offers from a number of private equity firms. The company is reportedly being valued at £200m with £72 million revenue is considering options that include selling a majority share of the business or launching an IPO.
“The company has received a number of approaches and the board is exploring options on behalf of the group and its shareholders,” a LoveFilm spokesperson said, without commenting further.
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