Cable & Telecom

Quebecor sells job search, dating websites to Mediagrif for $65 million

MONTREAL – Quebecor Media announced today the sale of its Jobboom job search website and Reseau Contact dating website to e-commerce company Mediagrif Interactive Technologies for $65 million. The deal for Mediagrif’s acquisition of Jobboom will close tomorrow, with the Reseau Contact deal expected to close Oct. 31, 2013. Quebecor Media president Robert Depatie said the management and employees of both companies will remain in Quebec. “We are particularly happy to see these two platforms remain in the hands of a well-established Quebec company,” Depatie said in a release. “These acquisitions represent a unique opportunity for Mediagrif to have these...