As I’ve mentioned here before, United Online, the current owner of MyPoints (aff), has bundled MyPoints into a new corporation along with Classmates.com, called Classmates Media Corporation. This stock will be publicly traded, with its IPO (“initial public offering,” the first trading of the stock of this new company) due this week, on or before Wednesday, 12/12. To talk up the IPO, United Online has put together a “roadshow” presentation which discusses what MyPoints and Classmates do, what their synergies are, and how they compare to the competition. It’s about 27 minutes long but it’s a very interesting video, if you have the time: click here then click on Classmates Media Corporation.
According to CNN Money, the plan is to offer 12 million shares at $10-12 each. They’re going to use the stock symbol CLAS.
MyPoints’ IPO This Week – Roadshow’s Insights Into Classmates Media Corporation