CatchOfTheDay earnings tip scales at $20m: founder.

Byline: Neil Shoebridge

Jun 05, 2011 (The Australian Financial Review - ABIX via COMTEX) -- James Packer's Consolidated Press Holdings, Seek CEO Andrew Bassatt, Tiger Global Management and Gannet Capital acquired a 40% stake in CatchOfTheDay in May 2011. The transaction prompted internet executives to claim that the online retailer would generate EBITDA of $A12m in 2010-11. Co-founder Gabby Leibovich says its earnings are closer to $A20m.

Publication Date: 6 June 2011

 SEEK LIMITED - ASX SEK SEVEN WEST MEDIA LIMITED - ASX SWMCATCH-OF-THE-DAY.COM.AU CONSOLIDATED PRESS HOLDINGS LIMITED TIGER GLOBALMANAGEMENT LLC GANNETT SCOOPON.COM.AU PTY LTD ELLERSTON CAPITAL PTY LTDDEALSDIRECT.COM.AU PTY LTD GO-LO GROUP YAHOO!7 COMMUNICATIONS AUSTRALIAPTY LTD SPREETS PTY LTD CUDO PTY LTD NINE ENTERTAINMENT COMPANY PTY LTDMICROSOFT AUSTRALIA JUMP ON IT PTY LTD LIVINGSOCIAL GROUPON INCORPORATED

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