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Yes!, BlogExplosion sent emails to the members with the title "Special Newsletter for BE - BlogExplosion Is up for Sale!" about that, here is the message :

With very heavy hearts we are announcing that BlogExplosion is going up for sale. After much internal debate we felt that a larger company can take BE to the next level. We want to see BlogExplosion grow even bigger and be more successful in the future.

You can read all about the upcoming sale here
http://www.helpmeblog.com/index.php/blog/blogexplosion_is_up_for_sale/

We have already received dozens of warm and encouraging email from members thanking us for providing such a quality service. We appreciate hearing from all of you which makes it all the more worthwhile for us. We have always maintained that BlogExplosion members are the best and we have been very fortunate to have such wonderful members since we launched the site.

Some people have also wrote in and said nasty things including being scared of upcoming competition. We can tell you definitely that is NOT the case. BE still has the best traffic exchange scripts (cannot be cheated), has the best in terms of QUALITY of traffic, and the most feature-rich options available to members. Demand excellence no matter what site you use!

For that reason BlogExplosion is a difficult site to manage. There have been lots of negative things said about us just because people have nothing better to do than to be negative or because we have kept spammers, cheaters and people with nothing good to say off of BE. When using competitive sites make sure they provide full stats (not just counters) and make sure they provide quality traffic for your time on the site.

Games and puzzles are cute but do send you quality traffic? Do they offer all of the features that BE does? Can you surf by category? Can you flag sites for profanity or mature content? Can they be cheated or allow auto-clicking programs to work? Do they display all of their traffic numbers on the site and tell you the whole truth? Are they still in perpetual BETA?

Keep track of your blog stats. See where that traffic is actually coming from. Keep track of unique percentages, time per blog visit. Demand the best return for your surfing time. Ratios dont mean a thing if the quality of traffic is not there. Stats never lie and you should always keep them for your blog.

I think we have taken BE as far as we can and want new blood to come in and take over where we left off. We will be looking for a company with the same fiery determination to make BlogExplosion that much better. We are the biggest and the best and we want a company to take over and keep it that way.

There are already 3 parties interested in buying BlogExplosion. They are all companies with definite and sizable -internet assets- which means that the company that does eventually purchase BE will have lots of firepower to grow BE much faster than we ever could. This is great news for BE members as a larger company can build the memberbase quicker, have more marketing and promotion resources and have the ability to build smarter features.

What happens next?
We will be sending out a PR by the end of the week that announces the sale of BlogExplosion. From there we will have a two week window period to find a potential buyer.

Again you can get all of the details surrounding the sale of BlogExplosion here
http://www.helpmeblog.com/index.php/blog/blogexplosion_is_up_for_sale/

Hopefully 10 years from now we can show our children what we built and be proud of our work on BlogExplosion. We have given it our all and we have done our best to make BE the best it can be for members.

Thank you members of BlogExplosion for your support of what we tried to accomplish here. We have made many good friends here and these are very difficult days here realizing we will be walking away. We know a bigger company will have the resources to make BE that much better and to keep the BE legacy alive!

BTW, in the sale more than 70 blogging-related domains.
You can read the message at Special Newsletter for BE - BlogExplosion Is up for Sale!, or read some details BlogExplosion is up for Sale.