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John Clare, Dixons' chief executive, said that the retailer had wanted to sell for some time.
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Nicholas Dufourcq, chairman and chief executive of Wanadoo, said: "I think together we could cause some pain to our competitors." Chase estimates that the offer values Freeserve at Eu1,200 per active subscriber, a discount compared with the European average of Eu2,000.
The deal gives Dixons the opportunity to cash in its original investment, estimated at £500,000, just over two years after its launch in September 1998.Check out some of our favourites: Online dating advice: Kate Taylor - Seven Steps To The Perfect First Email Mind, body and soul: Lara Loveless - 5 Ways To Improve Your Dating Success Without Actually Dating Insights into the dating world: Laura Yates - Eliminating Game Playing In Dating Exciting and interesting date ideas: Seb Goshawk - Our Top Free Dating Ideas In London Keep up to date with all the latest articles over at the Match dating blog and make sure you’re as ready to start meeting new people!