Greenpoints.com Sold

April 7, 2008 · 1 comment

DigitalTransactions.net is reporting that Greenpoints has been sold.
The new owner, YT Acquisition Corp., is a newly formed company made up of lenders of the former owner, Solidus Networks, Inc. The purchase price, which includes several other assets of Solidus, was $4.4 million plus a “credit bid” (whatever that is) of $50 million.

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Martha Reese June 22, 2008 at 12:24 pm

& what exactly does this mean for the subscribers of greenpoints.com? I still have points I want to cash in …….

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