Official: IAC/InterActive Corp To Acquires Ask Jeeves

The story is now crossing the wires that it’s official, IAC/InterActive Corp will acquire Ask Jeeves for $1.85 billion in stock. An investor call open to the public is scheduled for 11AM Eastern here. For some additional background, see also our earlier post WSJ: IAC/InterActiveCorp Close to Acquiring Ask Jeeves.

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