Well, that didn't take long. Little more than a month after PriceGrabber CEO Kamran Pourzanjani told me that his company would "continue to do well as a stand-alone company," retail and financial services company GUS PLC announced today that it has bought PriceGrabber.com for $485 million. GUS may not be a familiar name, but its subsidiaries include Experian (credit reports), and U.K. retailers Argos and Homebase. Earlier this year GUS purchased loan-lead site LowerMyBills.com for $330 million. This is the third major shopping and comparison search engine acquisition this year. In June, eBay acquired Shopping.com for $625 million, and a...


</img> </img> </img></p>

Read more...