Schibsted may sell part of classified unit

16 Mar 2009

What do you do if you have a high-quality classified advertising business which generates about three-quarters of its revenue online and operates with margins of better than 15 percent --- and your company needs cash?

You consider selling a piece of the classified operation.

That’s the position taken by Kjell Aamot of Schibsted ASA, based in Oslo. Schibsted operates some cat

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Peter M. Zollman

Peter M. Zollman brings more than 35 years of media experience to his role as founding principal of the AIM Group / Classified Intelligence Report. He has worked with a wide range of media companies, dot-coms, technology providers and start-ups to develop and expand successful interactive-media services. He is based in Altamonte Springs, Fla., near Orlando.