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New York Times (NYT +3.1%) will sell About.com to Answers.com for $270M, according to...

  • Wednesday, August 8, 2012, 10:01 AM ET
    New York Times (NYT +3.1%) will sell About.com to Answers.com for $270M, according to AllThingsD. Last month the company wrote down a $195M goodwill loss on the Q-and-A website as it pegged profit estimates lower.
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