Greenfield Online to be Acquired by Quadrangle

Jul 08, 2008


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Greenfield Online, Inc., a global interactive media and services company, announced that it has entered into a merger agreement to be acquired by an entity affiliated with Quadrangle Group LLC, a private investment firm focused on the media and communications industries. Under the terms of the merger agreement, Quadrangle will acquire all of the outstanding common stock of Greenfield Online, Inc. for $15.50 per share in cash, or a total equity value of approximately $426 million. The merger agreement is subject to the approval of the Company's stockholders as well as customary closing conditions and regulatory approval.

(www.greenfield.com, www.ciao-group.com, www.greenfield-ciaosurveys.comwww.greenfieldonline.com, www.quadranglegroup.com)