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LinkedWords.com Decided to Remain Private
EXIM Internet Group Inc. ( EXGN - news ) , operator of B2B web properties and LinkedWords.com, a large-scale and rapidly growing contextual platform changed their strategic options announced earlier this year. The license agreement announced in May 2006 has changed over time and under the most recent deal terms EXIM was pursuing a 20% equity stake in LinkedWords.com plus an exclusive license to operate the site in return for 70% of its stock plus $5M equally payable over the next 5 years to the owners of LinkedWords.com.

Source: http://investor.news.com/Engine?Account=cnet&PageName=NEWSREAD&ID=3751974

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