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Centerfield Buys Business.com and Savings.com

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Los Angeles-based Centerfield, a marketing and customer acquisition company backed by private equity investor Platinum Equity, says it has acquired both Business.com and Savings.com. Business.com, as well as its companion sites, Business News Daily and BuyerZone help connect professionals with business servies.

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Business.com Acquired By Purch

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Carlsbad-based Business.com , the online business directory and information site which was most recently in the hands of JMI Equity, has been sold to New York-based content publisher Purch , the two said Wednesday afternoon. Financial terms of the acquisition were not disclosed. READ MORE>>.

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This Week in VC with Dana Settle of Greycroft Partners

Both Sides of the Table

Gilt Group is currently the largest private sale web site in US. Founded in November 2007 in New York City by Alexis Maybank and Kevin Ryan (co-founder of DoubleClick); CEO is Susan Lyne (ex-CEO Marta Stewart Living Omnimedia) Revenue estimates: $50mm in 2008; $170mm in 2009 (versus budget of $150mm); $450mm forecasted for 2010.

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Twitter, Jobs, Democracy & The US Elections

Both Sides of the Table

In a world where it’s easier to judge the immediate value of a business, I know that metrics like “time on site&# matter. Brands who build pages there are not building equity in the open Internet, they’re building it in today’s walled garden. That’s what AOL was. A “walled garden.&#. Not so open.