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NEW YORK E-commerce powerhouse InterActive Corp. said it would buy Internet search engine Ask Jeeves in deal valued at $1.85 billion.
The acquisition would combine IAC’s Internet real estate, travel and shopping businesses with the No. 4 Internet search engine. Ask Jeeves’ properties, which include portal sites iWon and MySearch, are the No. 9 most-visited Internet sites, according to ComScore Media Metrix.
The deal would further shake up the Internet search market, adding a fourth well-financed competitor to challenge Google, Yahoo and Microsoft.
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