MSE Sold for £87m

[SpringerSpaniel]

Re: MSE Sold for £87m

It could have been worse:

"he was rumoured to have been approached by Lloyds TSB who offered him £5m to buy the site"

[Sapphire]

Re: MSE Sold for £87m

Its said that he's going to give £10m to charity, I think thats fantastic, good on him.

[Amethyst]

Re: MSE Sold for £87m

Merger cases
The OFT is reviewing the anticipated acquisition by Moneysupermarket.com Group plc of the business of moneysavingexpert.com. The invitation to comment was issued today.

http://www.oft.gov.uk/OFTwork/merger...neysupermarket

The Office of Fair Trading is considering whether arrangements are in progress or in contemplation which, if carried into effect, will result in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation may be expected to result in a substantial lessening of competition within any market or markets in the United Kingdom.

Affected sector: consumer finance advice websites

Please send written representations about any competition or public interest issues to:

Jennifer Harvey
Office of Fair Trading
Fleetbank House
2-6 Salisbury Square
London EC4Y 8JX
Email: jennifer.harvey@oft.gsi.gov.uk
Fax: 020 7211 8916

to arrive by 11 July 2012.

[Nibbler]

Re: MSE Sold for £87m

Well that is done and dusted.

[gemspan]

Re: MSE Sold for £87m

If the site has been earning income from Money supermarket then I suppose its not been entirely independent for a long time. I've always found when looking at posts that people are very judgemental on there where new members are asking for advice. A lot of IFAs are on there posing as members too. I think Martin Lewis has done a great job to raise awareness of consumer issues. I suppose with the arrival of a little MSE...his priorities will change. Good luck to him. I certainly could do with that money at the moment. lol