Back in April Kaboose who we’ve covered from time to time stated they accepted an offer from Disney Online for approximately $23.3 million in cash, but of course the government had to step in and do what they do (I’m not always sure). Kaboose Chairman and Chief Executive Officer, Jason DeZwirek had issued the following statement when the announcement was made, “2008 was a difficult year for many businesses and shareholders, and Kaboose was no exception. With the fundamental shift in the sentiment of the capital markets in general and in the media and advertising sectors in particular, and having been approached by several large international media companies and global private equity institutions interested in our business, we felt compelled to re-examine our long-term plan. With the advice of our financial advisors, the Company’s Board of Directors determined that Kaboose could divest its assets and realize significantly greater value than we could deliver as an independent public media company in the foreseeable future.”
No word yet on how this will impact the current Kaboose staff.
Founder of Profectio of business sites which includes 
