alarm:clock

- Thursday, February 28, 2008

Media General Buys Bargains Site Dealtaker

dealtaker.png
Plano, TS-based DealTaker.com has been bought by Media General (NYSE: MEG) for an undisclosed amount. DealTaker.com, which was founded in 2004, provides a social network to share coupons, bargains, and deals. DealTaker claims more than 100K registered members, and more than 400K unique visitors per month.

There are a number of such deal sites on the net that have comparable popularity and they are cash machines. We would guesstimate that DealTaker is taking in $2M or so per month with very low overhead.


We can't recommend this video tour of DealTaker's office and staff but if you need to know more check it out.

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