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The deals

Search monetisation has been built, bought and sold many times over. 30 landmark deals worth a disclosed $19B+ since the 1990s, plus new deals detected in the news as they break. Why does it keep happening? Read the lesson.

Just announced

Detected in the news
DateDealValueStatus
2026-10-01Brave Bison → System1
Brave Bison has reported that, as of its latest update, it has received zero acceptances for its proposed takeover of System1. The status of the acquisition remains unchanged, with no shareholders agreeing to the offer so far.
—announced
2026-10-01Brave Bison Group PLC → System1 Group PLC
Brave Bison Group PLC and System1 Group PLC have released an update regarding the current acceptance levels for their proposed acquisition deal. The announcement provides stakeholders with the latest information on the progress of the transaction.
—announced
2026-10-01Brave Bison → System1 Group
Brave Bison is advancing its plans to acquire System1 Group at £3.60 per share, having secured additional support for the takeover. The deal would bring System1 Group under Brave Bison’s ownership, pending final approvals.
—announced
2022-11-28 · investment · completed (closed 2023-01-17)

Yahoo → Taboola (stake of just under 25%)

Yahoo handed its native advertising to Taboola for 30 years and took a quarter of the company in return. It tied the owner of the third search feed to the biggest native traffic source.

2019-09-28 · investment · completed

System1 (via Privacy One Group) → Startpage

An arbitrage company took a stake in a privacy search engine that shows Google results. It gave System1 an owned search property with loyal users, and drew criticism from privacy advocates.