Fortune Market Media, Inc. Makes Offer for Yellow Pages Israel Bond’s Holders to Acquire Their Debtor in Possession Position
Fortune Market Media, Inc. (Pink Sheets: FTMK) announced today that it has made an unsolicited binding offer to purchase all outstanding Bonds of GPM – owner of Yellow Pages Israel, and majority shareholder of Dunn & Bradstreet Israel and other web-based service companies from All Bond’s Holders for $75 million and the assumption of all their rights per the bonds to the Company – held by these private bondholders.