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Pricegrabber Purchased for $485M

Posted by ScuttleMonkey on from the what-a-steal dept.

w98 writes "GUS PLC, the parent company of Experian Interactive, recently announced the acquisition of PriceGrabber.com for $485M plus expenses. Don Robert, Chief Executive Officer of Experian, commented: 'As a trusted and preferred comparison shopping destination, PriceGrabber.com has a leading position in a fast-growing market. When combined with the complementary skills, expertise and scale of Experian, in both Interactive and Marketing, we are very excited about the future growth prospects for PriceGrabber.com.'"

2 of 102 comments (clear)

  1. Idiots by jvance · · Score: 5, Funny

    They could have bought it for 20% less if they'd shopped around.

  2. Experian? by Yurka · · Score: 5, Funny

    Talk about synergy! "Please wait for the custom price individually selected just for you, while we run up a quick check of your credit history..."

    --
    I can assure you, the best way to get rid of dragons is to have one of your own.