EX-99.1
4
d491903dex991.htm
EX-99.1
EX-99.1
Exhibit 99.1
R
ED
V
ENTURES
A
NNOUNCES
C
LOSING
OF
A
CQUISITION
OF
B
ANKRATE
, I
NC
.
Charlotte, N.C., Nov 8, 2017 - Red Ventures today announced that it has
completed the previously announced agreement to buy the business of Bankrate, Inc. (NYSE: RATE) a leading online publisher, aggregator, and distributor of personal finance content. For additional details on the transaction, please
refer to the joint press release distributed by Red Ventures and Bankrate on July 3, 2017.
About Red Ventures
Red Ventures is a digital consumer choice platform based in Charlotte, North Carolina. Through deeply integrated brand partnerships and
consumer-facing assets, Red Ventures connects online customers with products and services across high-growth industries including home services, financial services, and healthcare. Founded in 2000, Red Ventures has more than
2,700 employees in offices across the Carolinas, Seattle, Washington, and Sao Paulo, Brazil. For more information, visit
www.redventures.com
.
For more information:
Maghan Cook
Vice President, Communications
mcook@redventures.com
704 971 4392

EX - 99 . 1 4 d491903dex991 . htm EX - 99 . 1 EX - 99 . 1 Exhibit 99 . 1 R ED V ENTURES A NNOUNCES C LOSING OF A CQUISITION OF B ANKRATE , I NC . Charlotte , N . C . , Nov 8 , 2017 - Red Ventures today announced that it has completed the previously announced agreement to buy the business of Bankrate , Inc . ( NYSE : RATE ) a leading online publisher , aggregator , and distributor of personal finance content . For additional details on the transaction , please refer to the joint press release distributed by Red Ventures and Bankrate on July 3 , 2017 . About Red Ventures Red Ventures is a digital consumer choice platform based in Charlotte , North Carolina . Through deeply integrated brand partnerships and consumer - facing assets , Red Ventures connects online customers with products and services across high - growth industries including home services , financial services , and healthcare . Founded in 2000 , Red Ventures has more than 2,700 employees in offices across the Carolinas , Seattle , Washington , and Sao Paulo , Brazil . For more information , visit www.redventures.com . For more information : Maghan Cook Vice President , Communications mcook@redventures.com 704 971 4392