Administrators of collapsed education company Acquire Learning have sold it’s single biggest asset – online job search site CareerOne – to a media group.
Cor Cordis announced on Thursday it had sold Acquire’s 90 per cent stake in CareerOne was sold for an undisclosed sum to Octomedia. Creditors will discover the sum at the next creditors meeting in September.
Octomedia and a group of sophisticated investors registered a new company called Career Media Group on July 31 for the purchase.
Career Media Group is 33 per cent owned by Octomedia while four individuals own 16.7 per cent each. The individual investors include Octomedia’s chairman, and Catch of the Day chief …
Read the full article at: http://www.brisbanetimes.com.au/business/media-and-marketing/acquire-learnings-careerone-sold-to-new-company-called-career-media-group-20170803-gxoc6l.html