CEO of the Najafi Companies Jahm Najafi spoke briefly to the WSJ about his deal to purchase Direct Groug North America (DGNA) from Bertelsmann: “We’re very excited about this because we see great brands and excellent marketers. We have extensive experience in the online world and think we can change the nature of this business and grow it dramatically. We also think we can extend the club model to other products and services. We have never shied away from difficult businesses.”As the Journal notes, DGNA had sales last year of 900 million euros ($1.42 billion), with approximately 13 million members. […]
