Experian Grabs PriceGrabber.com

  • December 15, 2005
Experian, a credit report firm, announced Wednesday it has acquired PriceGrabber.com, to the tune of $485 million, adding the online shopping aggregator to its group of Internet businesses like LowerMyBills.com, MetaRewards, and ClassesUSA.com, all owned by U.K.-based GUS PLC. The purchase is aimed at adding PriceGrabber.com's product reviews and referral-monetized merchant listings to GUS's service portfolio. All employees and management for PriceGrabber.com are to be retained.

--Shankar Gupta

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