IAC/InteractiveCorp to acquire AskJeeves.com

Under the terms of the agreement, IAC will issue 1.2668 shares of common stock for each share of Ask Jeeves common stock in a tax-free transaction valued at $1.85 billion net of cash acquired
Ask Jeeves is one of four world-class search technology providers, with approximately 42 million U.S. unique monthly users.
Full details of the transaction can be found here

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