03|05|2008 1:18 am EDT
Demand Media Purchases Pluck for $75 million
According to a recent TechCrunch article, Demand Media has agreed to pay $75 million in cash to acquire Pluck after two months of negotiations. Pluck is a social media company with revenues around $10 million per year. The company is very creative, having developed an early RSS reader years ago as well as social bookmarking site, [...]

