ACQUISITION
Acquirer: Hubert Burda Media
Web: http://www.hubert-burda-media.com
Location: Germany, Munich
Region: Europe
Description: International media owner
Contact: JDr. Hubert Burda, Publisher
Target: Xing
Web: http://www.xing.com
Location: Germany, Hamburg
Region: Europe
Description: European online business network
Contact:
Dr. Stefan Gross-Selbeck, CEO
Approximate value: 1,323,041 shares at €36.50 per share
Details
XING AG (ISIN: DE000XNG8888) was informed today that Burda Digital GmbH has purchased a total of 1,323,041 XING shares from Cinco Capital GmbH. The share price was EUR36.50 per share. This gives Burda Digital GmbH a 25.1% share of the company and makes it the primary shareholder.
Database Acquisitions – November 2009
Fusion Corporate Partners 
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