In November, financial news site TheStreet.com announced the acquisition of Bankers Financial Products Corporation, the parent company of BankingMyWay (retail mortgage info) and RateWatch (competitive financial data), for $25 million. In a filing with the SEC, BFPC’s revenue for the first half of 2007 is put at $3.1 million, about 10 percent higher than the $2.8 million in the year-ago period. Income, however, grew 30 percent to $377,372 for the period, up from $289,628.
TheStreet.com: Bankers Financial Products Corp.: $3.1 Million Revs FH07
Summary:
In November, financial news site TheStreet.com announced the acquisition of Bankers Financial Products Corporation, the parent company of Ba…
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