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Thursday, July 26, 2007

Business.com Sold 360,000,000.00

Yep you read it right www.business.com has just been sold for 360 Millions Dollars!

R.H. Donnelley was the happy purchaser of Business.com which earns 15 Million dollars a year in revenue. The selling price of 24 times it's earnings is very impressive to say the least.

This is a huge acheviment for the directory industry accross the board. Not only does it establish that directories are hear to stay, it says that there is a demand for the directory review service.

True webmasters and Internet entrepenuars are slowing realizing the true power of a well optimized and established directory resource.

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