AskJeeves goes for just under $2 billion

TheEnforcer · 03-21-2005

http://www.nytimes.com/2005/03/21/bu...nd-jeeves.html

Ask Jeeves Inc. to Be Bought for $2 Billion
By GERALDINE FABRIKANT and TERENCE NEILAN

Published: March 21, 2005

AC/InterActiveCorp, the Internet company headed by Barry Diller, said today that it had signed an agreement to acquire Ask Jeeves Inc., the nation's fourth-largest search engine company, for about $1.9 billion.

In announcing the deal, Mr. Diller said Ask Jeeves was one of many search engines founded almost 10 years ago, and that it "was one of the very few that established itself."

The chief executive of Ask Jeeves, Steve Berkowitz, said, "Joining IAC will enable us to play on a much larger field."

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Ask Jeeves will remain an independent brand with its headquarters in Oakland, Calif. The deal is subject to regulatory approval and the approval of Ask Jeeves shareholders.

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03-21-2005	#1
TheEnforcer Scored VIP to Anton's Piss Tank Want to see your own Advertising Here! Join Date: Oct 2002 Posts: 8,781	http://www.nytimes.com/2005/03/21/bu...nd-jeeves.html Ask Jeeves Inc. to Be Bought for $2 Billion By GERALDINE FABRIKANT and TERENCE NEILAN Published: March 21, 2005 AC/InterActiveCorp, the Internet company headed by Barry Diller, said today that it had signed an agreement to acquire Ask Jeeves Inc., the nation's fourth-largest search engine company, for about $1.9 billion. In announcing the deal, Mr. Diller said Ask Jeeves was one of many search engines founded almost 10 years ago, and that it "was one of the very few that established itself." The chief executive of Ask Jeeves, Steve Berkowitz, said, "Joining IAC will enable us to play on a much larger field." Advertisement Ask Jeeves will remain an independent brand with its headquarters in Oakland, Calif. The deal is subject to regulatory approval and the approval of Ask Jeeves shareholders. ---------------------------------- click link for full article.