Wednesday, December 14, 2005

Pricegrabber Purchased for $485M

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.

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