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May 26, 2011 07:12 pm GMT
Ad network Reply has acquired online marketing network for small business owners MerchantCircle for $60 million in cash and stock. The transaction is expected to be completed in Q3 2011. Merchant Circle provides a business directory for merchants in smaller towns and currently lists over a million small businesses. MerchantCircle has long targeted merchants in small locales versus catering towards the consumers, as sites like Yelp and CitySearch do. MerchantCircle has local business members in 95% of the 24,600 U.S. cities and towns with populations over 200. The company also acquired Bloglines from IAC late last year. 
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/aOtHX7KUVkQ/
Reply.com Acquires Marketing Network For Small Businesses MerchantCircle For $60 Million
Ad network Reply has acquired online marketing network for small business owners MerchantCircle for $60 million in cash and stock. The transaction is expected to be completed in Q3 2011. Merchant Circle provides a business directory for merchants in smaller towns and currently lists over a million small businesses. MerchantCircle has long targeted merchants in small locales versus catering towards the consumers, as sites like Yelp and CitySearch do. MerchantCircle has local business members in 95% of the 24,600 U.S. cities and towns with populations over 200. The company also acquired Bloglines from IAC late last year. Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/aOtHX7KUVkQ/
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