The $100M price tag that Answers.com paid for Lexico - owner of Dictionary.com and Thesarus.com - translates to:
- 35 times earnings
- 15 times revenues
- $9 per unique continue reading...
Answers.com, a company with a market cap of $100M and an enterprise value of $93M, today bought Lexico, the parent of Dictionary.com for $100M.
Where did Answers.com get this cash? I’ll investigate, but fow now, is this an oddball move or does it make sense? continue reading...
