This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

ValueClick Announces Intent To Pursue Divestiture Of Owned & Operated Websites Segment

ValueClick, Inc. (NASDAQ: VCLK) today announced that it intends to pursue the divestiture of its Owned & Operated Websites (“O&O”) segment.

“While we have a strong set of businesses within our O&O segment, we have concluded that they do not align with our ‘One ValueClick’ strategy of leveraging our broad set of unique data assets and differentiated technology platforms to connect consumers and brands through personalized one-to-one marketing at scale,” said John Giuliani, president and chief executive officer of ValueClick. “Being able to focus entirely on our core Media and Affiliate Marketing segments, which together currently represent more than 90% of our profitability, will allow us to direct management attention and capital resources to better serve our clients, employees and shareholders.”

In connection with the divestiture decision, ValueClick has reclassified the O&O segment’s operating results as discontinued operations beginning with ValueClick’s third quarter 2013 financial results being reported later today. ValueClick’s historical financial results have been recast to conform with the current presentation of the O&O segment as discontinued operations. The revised presentation of the Company’s historical financial results is available in downloadable Excel format on ValueClick’s Investor Relations website located at

ValueClick will continue to operate the O&O segment during the process of pursuing a sale, with no anticipated changes to day-to-day operations. ValueClick’s O&O segment, based in Monrovia, Calif. and with operations throughout Europe and Asia, operates a broad range of popular content and ecommerce websites including Investopedia, PriceRunner,, SymptomFind and

“We operate world-class brands such as Investopedia and PriceRunner that provide unique and important information to more than 40 million highly engaged consumers each month,” said Steve Neufer, president of ValueClick’s O&O segment. “I look forward to working with our more than 250 employees, thousands of direct advertisers and key strategic partners around the world as we find a new home for our great assets.”

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,888.35 +168.43 0.95%
S&P 500 2,102.63 +22.22 1.07%
NASDAQ 5,156.3060 +47.64 0.93%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs