Monday, August 27, 2012

IAC Acquires About.com


New reports have surfaced that the InterActiveCorp (IAC) has purchased About.com. This coming weeks after the New York Times said About.com was about to be sold to Answers.com for $270 Million. IAC quickly bidded and won with a total amount of $300 Million dollars and will assume the company immediately. The IAC also owns other major web properties like Ask.com, Match.com and more. About.com has been hurting for a while, do you think the IAC can revamp the site to be something worth visiting?

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