Classified Ventures to seek strategic alternatives for Apartments.com

theflyonthewall.com

Classified Ventures announced that it has engaged Moelis & Company to help explore strategic alternatives for its Apartments.com business. This process will not impact CV's Cars.com business. Over the next few months, it is expected that the CV board of directors and management team will evaluate a variety of strategic options for the company's Apartments.com business which includes sites such as Apartments.com, RentalHomesPlus.com, and ApartmentHomeLiving.com. Classified Ventures is a strategic joint venture among media companies including A. H. Belo (AHC), Gannett (GCI), The McClatchy Co. (MNI), Tribune Co., and The Washington Post Co. (WPO).

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