Business.com could sell for up to $400 mln: report Print E-mail

Business.com could sell for up to $400 mln: report

Fri Jun 22, 2:43 AM ET

The Business.com Internet domain and search engine is for sale and could fetch between $300 million and $400 million, The Wall Street Journal Online reported on Friday.

The closely held business is expected to attract interest from companies like Dow Jones & Co. and New York Times Co., the Journal said, citing people familiar with the matter. Two entrepreneurs bought the domain name for $7.5 million im 1999, a record at the time.

None of the companies mentioned in the report was immediately available to comment.

Santa Monica, California-based Business.com runs a search engine, directory, and pay-per-click advertising network with more than six million monthly unique visitors, according to the site.





Reddit!Del.icio.us!Live!Facebook!Netscape!Technorati!StumbleUpon!Newsvine!Furl!Yahoo!Ma.gnolia!Squidoo!
 

Add comment


Security code
Refresh

< Prev   Next >

Newsflash

60% of workers waste 1.7 hours a day - 7.26.2007 [more]
 

Polls

How many founder(s) is just right for a Startup?
 

Syndicate