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Article: Greenfield Online Acquires Rapidata.net for Cash; Latest Acquisition Creates One Stop Shop Internet Panel for Health Care, One of the Largest Segments of the Marketing Research Industry.
- Article from:
- PR Newswire
- Article date:
- January 26, 2005
CopyrightCOPYRIGHT 2005 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Greenfield Online, Inc , a leading provider of Internet survey solutions to marketing research and consulting companies, today announced it has completed the acquisition of Rapidata.net, Inc. ("Rapidata"), a privately-held North Carolina corporation, for $5.5 million in cash, subject to certain post closing adjustments. Simultaneously with the closing, Rapidata's two executive officers (who together owned a majority of Rapidata stock) each purchased 16,225 shares of Greenfield Online common stock for $18.49 per share in a private placement. With the acquisition of Rapidata, Greenfield Online becomes one of the only survey solutions providers with deep online panel ...