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About.com was for sale

Posted on Wednesday, February 09 2005 @ 01:12:36 CET by

Primedia, a publishing company owned by Kohlberg Kravis Roberts, has put About.com for sale. The bidding is said to have ended yesterday and probably five companies have made a bid, this includes Google, Yahoo, The New York Times Company, AOL and Ask Jeeves.
Final bids are due Tuesday, and the asking price is $350 million to $500 million, they said.
More details at Cnet



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