MEDIA
08/13/2008 05:12 am ET Updated May 25, 2011

Comcast Buys DailyCandy For $125 Million

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.

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