Answers.com Acquires Dictionary.com for $100M

 By 
Pete Cashmore
 on 
Answers.com Acquires Dictionary.com for $100M

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Finally an acquisition that everyone can understand: online dictionary, encyclopedia and wiki aggregator Answers.com is acquiring Dictionary.com, Thesaurus.com and Reference.com for $100 million, the company is announcing today. All three sites are owned by Lexico Publishing Group, which reported revenues of $7 million in 2006; the deal will be closed by the fall.

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