LAS VEGAS, Feb. 18, 2014 /PRNewswire/ -- Remark Media, Inc. (NASDAQ: MARK), a global digital media company and operator of financial services focused media... #acquisitions #remark_media #empires #domains #news #piggyback_domain_sites #pub

"A May investment presentation on Remark Media indicated the company had $18 million in assets, $12.8 million in liabilities and $9.4 million in debt as of Dec. 31. Its Dec. 31 income statement for the previous 12 months showed revenue of $1.8 million, but a net loss of $18.2 million for the year. Officials at Vegas.com say its site receives 3.4 million visitors per month across all platforms, including Google and the iOS Las Vegas app." #acquisitions #year:2015 #remark_media #empires #domains #news #pub

$15.5 million in cash $9.5 million in shares of stock in Remark. $10 million in five-year warrants to purchase shares of common stock in Remark at an exercise price of $9.00 per share and Up to a total of $3 million in Earn out payments based on the performance of Vegas.com in the years ending December 31, 2016, 2017 and 2018 According to the AP story Vegas.com gets 3.4 million visitors a month and Remark Media based out of  Las Vegas board includes “Las Vegas Strip executives connected to the Venetian and Palazzo hotel-casinos, CityCenter resorts and the Tao group of nightclubs”. #acquisitions #domains #remark_media #empires #news #piggyback_domain_sites #pub