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NEW YORK NBC Universal said it would pay about $600 million to acquire iVillage, the women-focused Web site and one of the last large stand-alone Internet media properties.
Under terms of the deal, NBC Universal would pay $8.50 in cash for all of iVillage’s shares, a 6 percent premium to iVillage’s $7.98 closing price Friday. New York-based iVillage’s management team, including CEO Doug McCormick, will report to Beth Comstock, president for digital media at NBC Universal.
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