JERICHO, N.Y., Aug. 16, 2012 /PRNewswire/ -- BNK Invest today announced that it has closed on the acquisition of the assets of The Online Investor, LLC (www.theonlineinvestor.com). Terms of the deal were undisclosed.
TheOnlineInvestor.com, originally launched in 1997, has garnered much attention for its unique and comprehensive coverage of large caps, mergers and acquisitions, stock buybacks and stock splits. Over the years, the site, mentioned in Barron's, on CNBC, SmartMoney Interactive and CBS Marketwatch, has built a significant presence, with over 50,000 free newsletter subscribers, and dedicated site visitors.
With this acquisition, BNK Invest is able to leverage its vast array of unique financial content and tools to improve and enhance TheOnlineInvestor.com, and today announces a re-launch of the site. Included in the suite of new offerings are intraday announcements of mergers for both publicly traded and privately held companies, IPOs, corporate bond offerings, secondary stock offerings, private placement updates and an ETF Center.
Ted Allrich, founder of The Online Investor said, "We're very excited to see BNK Invest take The Online Investor to new heights, with more information and better coverage of the investing universe, which will increase the value that The Online Investor offers to its readers."
About BNK Invest, Inc.
BNK Invest, Inc. develops, owns and operates financial web sites which enable individual investors and financial advisers to gain valuable insight into, and stay informed about the financial markets. The company has been at the forefront of creating premier online sites and communities since 2002. The company owns and operates ETF Channel (ETFChannel.com), Market News Video (MarketNewsVideo.com), Value Forum (ValueForum.com), and Bank Investor (BankInvestor.com), Canada Stock Channel (CanadaStockChannel.com), Energy Stock Channel (EnergyStockChannel.com), Metals Channel (MetalsChannel.com), The Online Investor (theonlineinvestor.com) and Dividend Channel (DividendChannel.com). Dividend Channel provides research and data about dividend stocks and ETF dividends . ETF Channel provides ETF data and ETF research to both small and large investors. Energy Stock Channel provides research and data about energy stocks. Metals Channel is a metals stock research website, aimed at financial advisors and retail investors trying to maximize the opportunities in the gold, metals, and mining sectors. Canada Stock Channel provides research and data about publicly traded Canadian stocks. MarketNewsVideo.com produces and distributes quality online videos about the stock markets and publicly traded companies. ValueForum.com is an online investment discussion and collaboration community for serious value investors and income investors. BankInvestor.com is an elite online investment club with a focus on mutual conversions and after-market bank investing opportunities. TheOnlineInvestor.com provides insight, research and data with a unique focus on stock splits, mergers, and share repurchase news.
SOURCE BNK Invest, Inc.