IAC announces the acquisition of About Group from New York Times Corporation
InterActive Corporation, IAC, announced Monday that it will acquire About.com and its parent company About Group for $300 Million from The New York Times Corporation. The acquisition is 100 percent to side with IAC and the company will pay all the money in cash to news giants. NY Times bought About Group in 2005 for […]
Aug 29 2012 | Posted in Sci-Tech | Read More »
