Yahoo! Acquires Rivals.com

Jun 22, 2007


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Yahoo! Inc., an internet company, has entered into a definitive agreement to acquire Rivals.com, an online destination for college and high school sports and recruiting information. The acquisition will expand the editorial and community offerings of Yahoo! Sports. The terms aren’t being released but the amount is close to $100 million.

(www.yahoo.com; www.rivals.com)