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Infospace and the Great Shareholder Robbery of 2007

Posted on May 01, 2008

Wow. Infospace reported earnings today and the stock was off 14%. But that's not what's making me say wow . What's making me say wow is that I took this opportunity to take a look at Infospace's 2007 earnings report and I have to say I am impressed because it has to go down as one of the great shareholder robberies of all time. Infospace, as you may recall, was a once high flying internet content company that assembled a motley menagerie of web and mobile based content businesses via 30+ acquisitions over the last 10 years. They bought everything from Authorize.Net, to Go2Net, t...

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internet , mobile , web