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Report: IAC Buys About.com

DEAL

For $300 million from New York Times Co.

cheats/2012/08/26/report-iac-buys-about-com/about-com-cs_spmu7s

IAC/Interactive, the Internet company owned by Barry Diller and the parent of the Newsweek Daily Beast Company, has reportedly purchased About.com from The New York Times Company for $300 million.

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