http://www.xconomy.com/seattle/2009/04/29/urbanspoon-bought-by-iac-will-remain-independent-brand/ Business + Technology in the Exponential Economy Sun, 22 Nov 2009 19:36:43 -0600 http://wordpress.org/?v=2.8.6 hourly 1 http://www.xconomy.com/seattle/2009/04/29/urbanspoon-bought-by-iac-will-remain-independent-brand/comment-page-1/#comment-56614 May 5, 2009 | next media update Thu, 07 May 2009 13:42:36 +0000 http://www.xconomy.com/?p=22279#comment-56614 [...] Urbanspoon Bought by IAC, Will Remain Independent Brand XCONOMY It’s an acquisition that is truly surprising to no one, but now it’s official: Seattle-based Urbanspoon, the online restaurant guide, has been bought by New York-based IAC for an undisclosed amount. Urbanspoon will stay an independent brand based in Seattle, and will report to Jay Herratti, who heads up some of IAC’s most prominent Internet brands like Citysearch, InsiderPages, and Evite. IAC has a market cap of $2.4 billion and owns dozens of popular sites, so its resources should come in handy. The deal closed on February 13, but was kept tightly under wraps. Source> [...] [...] Urbanspoon Bought by IAC, Will Remain Independent Brand XCONOMY It’s an acquisition that is truly surprising to no one, but now it’s official: Seattle-based Urbanspoon, the online restaurant guide, has been bought by New York-based IAC for an undisclosed amount. Urbanspoon will stay an independent brand based in Seattle, and will report to Jay Herratti, who heads up some of IAC’s most prominent Internet brands like Citysearch, InsiderPages, and Evite. IAC has a market cap of $2.4 billion and owns dozens of popular sites, so its resources should come in handy. The deal closed on February 13, but was kept tightly under wraps. Source> [...]

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