Tuesday, August 28, 2012

About.com WORLD sells to the IAC for $ 300 million

The New York Times apparently tried to offload the related properties and About.com long enough, and it seems that it did exactly this. This is the IAC, the company sold off About.com, which also owns the Ask.com and Match.com, Vimeo.

It is rumored that the sales price is $ 300 million, which is substantially lower than the $ 410 million, which the world paid for it in 2005. Bundled with About.com agreement were other properties as CalorieCount.com and ConsumerSearch.com.

Arthur Sulzberger, Jr., Chairman, the New York Times Company, said:



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