« Want A Free Pass To SMX Local & Mobile? | Main | Google Shortens Cookie Expiration Date »
Jul. 16, 2007 at 5:29pm Eastern by Barry Schwartz
Answers.com To Buy Dictionary.com For $100 Million
Answers Corp has reached an agreement to buy Dictionary.com, Thesaurus.com and Reference.com from Lexico Publishing Group, LLC for $100 million.
These properties attracted 11.5 million unique monthly users in the U.S. during the month of June 2007 according to comScore. They generated revenues of $7 million, EBITDA of $2.9
million and net income of $2.8 million in 2006. For more information, see the press release.
|
Like The Story? Vote For It On Yahoo Buzz!
Send me the monthly search newsletter too! (Learn more about our newsletters and feeds) |
Subscribe To Our Search Feed!         
|
| Share & Bookmark This Story! |
By Barry Schwartz
Permalink
Jump To Comments
See Related Stories In: Business Issues: Acquisitions & Investments, Search Engines: Answer Search Engines
