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Comcast Buys DailyCandy For $125 Million


First Posted: 08- 5-08 05:11 PM   |   Updated: 08-13-08 05:12 AM

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Read More: Comcast, Dailycandy, DailyCandy Comcast, DailyCandy Sale, Dany Levy, Media News
Dailycandy

Silicon Alley Insider:

As previously reported, Comcast (CMCSA) was indeed interested in buying Daily Candy. But they ended up paying much more than the $75 million we head about earlier this month -- the cable company is paying $125 million for newsletter business, a source close to the sale tells us.

Read the whole story: Silicon Alley Insider

Filed by Danny Shea  |  Report Corrections

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Triangle1
3 Fans
01:31 PM on 08/06/2008
How could I have never even heard of this amazing "Daily Candy" site? Yet it's worth that much. http://mespace.wordpress.com/
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nellie
470 Fans
10:38 AM on 08/06/2008
Well, there goes that subscription.
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HUFFPOST SUPER USER
Lex10
King O' The Web!
95 Fans
 
06:09 PM on 08/05/2008
I can't wait to help subsidize this with a rate increase!
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