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Submission + - Under New Management (bizx.info)

kodiaktau writes: DHI Group, Inc. (NYSE: DHX), today announced that it completed the sale of its Slashdot and SourceForge businesses (together referred to as "Slashdot Media") to BIZX, LLC in a transaction that closed on January 27, 2016. Financial terms were not disclosed.

DHI first announced its plan to sell Slashdot Media in July 2015 as part of its strategy to focus on its core brands, as Slashdot Media no longer fits within the Company's core strategic initiatives.

KeyBanc Capital Markets Inc. served as the Company's exclusive financial advisor for the transaction.

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