As Elliot pointed out the other day, the day of the Exact Match Domain (EMD) is HERE and NOW.
Now…. Newspaper Consortium Seeks to Sell Cars.com for $3 Billion
Online Marketplace is Jointly Owned by Gannett, Tribune, McClatchy and Other Publishers
A group of newspaper publishers has put the cars.com online marketplace up for sale for as much as $3 billion, hoping to cash in on booming values for e-commerce sites, people familiar with the plans said.
Moelis & Co., which is advising the Classified Ventures publishers consortium on the sale, already has begun discussions with potential bidders, which are expected to include private-equity firms and strategic investors, the… more
Hat Tip: Phil Corwin