Financial Times FT.com

Friends Reunited sale referred to regulator

By Tim Bradshaw and Ben Fenton

Published: November 2 2009 18:16 | Last updated: November 3 2009 00:04

The sale of Friends Reunited hit a stumbling block on Monday when it was referred to the Competition Commission over concerns it could damage the online genealogy market.

ITV had agreed to sell the networking site for £25m to Brightsolid, a division of DC Thomson & Co, the newspaper and magazine publisher, in August.

Friends Reunited

The Office of Fair Trading says the Friends Reunited deal could curb competition in the fast-growing online market

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