Research

Tuesday, March 22, 2005

Ask Jeeves to be sold for $1.85bn, BBC News, 21 Mar 2005

“The internet investment firm headed by US media mogul Barry Diller is to buy web search engine Ask Jeeves for $1.85bn (£970m). Ask Jeeves is the fifth most-queried search engine in the US and has a market value of $1.43bn, one tenth the size of Mr Diller's IAC/InterActive. Mr Diller said Ask Jeeves "has the potential to become one of the great brands on the internet".�

Full story at http://news.bbc.co.uk/2/hi/business/4367197.stm

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