INVESTMENTS IN UNCONSOLIDATED COMPANIES

3 Months Ended

Mar. 27, 2016

INVESTMENTS IN UNCONSOLIDATED COMPANIES

3. INVESTMENTS IN UNCONSOLIDATED COMPANIES

The carrying value of investments in unconsolidated companies consisted of the following:


(in thousands)	% Ownership	March 27,		December 27,
Company	Interest	2016		2015
CareerBuilder, LLC	15.0	$	232,392	$	230,170
Other	Various		2,825		3,368
		$	235,217	$	233,538

On February 23, 2016, we, along with Gannett Co. Inc. and Tribune Publishing Co. (the “Selling Partners”) sold all of the assets in HomeFinder LLC to Placester Inc. (“Placester”) in exchange for a small stock ownership in Placester and an affiliate agreement with Placester to continue to allow the Selling Partners to sell Placester and HomeFinder LLC’s products and services. As a result of this transaction, during the quarter ended March 27, 2016, we wrote down $0.9 million of our HomeFinder LLC investment, which is recorded in equity income in unconsolidated companies, net, on our condensed consolidated statements of operations.