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IAC acquires About.com from New York Times Company

Monday, August 27, 2012 | More »

Media mogul Barry Diller’s IAC said on Sunday that its Ask.com unit has acquired information website About.com from the New York Times Company for $300 million in cash. IAC’s bid, which Reuters had flagged earlier, came in above a $270 million offer from Answers.com that the Times Co had...

Barry Diller’s IAC offers $300M for About.com

Barry Diller’s IAC/Interactivecorp submitted an offer in excess of $300 million to buy the About.com information website from the New York Times Co, according to people with knowledge of the situation. IAC’s bid is above the $270 million offer that the Times Co has preliminarily accepted...

22 August, 2012 | More »