More on the Ziff Davis Deal: Rumor and Valuation

What’s still a rumor–though gaining steam, depending on the crowds you roll in–is that tomorrow Ziff Davis will make a “big announcement” and that that announcement will be the sale of its enterprise division to Insight Venture Partners, a New York-based private equity shop. We’ll see.

What’s not a rumor is that bond analysts and market insiders have been making valuations of the company and its sizeable debt (nearing $400 million right now) ever since the company officially embarked on its sales venture last summer. Read the rest of this entry »