links for 2011-05-03

  • Scripps Networks Interactive Inc. says it is selling Shopzilla Inc., a comparison shopping site, for $165 million to private equity firm Symphony Technology Group LLC. That’s $360 million less than the $525 million Scripps paid for the site in 2005. The deal, which includes Shopzilla, BizRate and the company’s international comparison shopping sites, is expected to close May 31. Scripps, in its 2010 annual report, says 35 million unique visits are made each month to these sites.

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