Fox Interactive to Buy Pricegrabber?

20 Feb

According to a source, Fox Interactive Media is in preliminary discussions to purchase Price Grabber from Experian.  Fox Interactive, which owns a number of web properties including MySpace, has been mentioned in a number of buy out speculations over the past 6 months.

Bloomberg released and article that seems to suggest that there is other in interest in PriceGrabber as well.

From the article: “I see no reason why they would get less than what they paid” for PriceGrabber, Christian Koefoed-Nielsen, an analyst at Panmure Gordon & Co. in London, said by telephone today. The unit “is more profitable than when they bought it.”


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