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fouquieria

So, Spike sells GW to iVillage...

fouquieria
18 years ago

for 900 thou...

and iVillage turns around and...

"NEW YORK (Reuters) - Media and entertainment conglomerate NBC Universal on Monday said it would acquire iVillage Inc. , operator of a network of Web sites for women, for $600 million in a bid to bolster its Internet strategy.

"NBC Universal, majority owned by General Electric Co. , will pay $8.50 per share of iVillage, a 6.5 percent premium over Friday's Nasdaq closing price of $7.98."

-Ron-

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