Separately, InfoSpace (INSP) said it will pay a 28 percent premium to buy online directory provider Switchboard (SWBD) for $160 million, or $7.75 a share in cash. The combined company would account for nearly a quarter of all online yellow pages searches, according to ComScore/MediaMetrix. Shares of Switchboard were up 27 percent in recent trading at $7.67.
posted by Jen @ 7:52 AM
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