7 ms·
Further context: http://www.nytimes.com/2001/09/10/business/e-commerce-report-possible-sale-blue-mountain-arts-could-lead-end-free-online.html?pagewanted=all h
by jmiwhite 11y ago
Further context:
http://www.nytimes.com/2001/09/10/business/e-commerce-report-possible-sale-blue-mountain-arts-could-lead-end-free-online.html?pagewanted=all http://www.nytimes.com/2001/09/10/business/e-commerce-report...
"American Greetings said Thursday that it has acquired Blue Mountain Arts, the struggling online greeting division of Excite@Home, for $35 million in cash"
http://www.cnet.com/news/american-greetings-buys-excite-unit/ http://www.cnet.com/news/american-greetings-buys-excite-unit...
- sixQuarks 11y agooh yeah, I forgot how it imploded so soon after the acquisition. I knew it stuck out in my head as the worst acquisition for a reason other than the price paid, especially the cash part - $350M in cash.