IGN For Sale

[mariotrev]

Report from Gamers.com dated June 22, 2005:

Gaming mega-site on the lookout for buyers According to the NY Post, IGN Entertainment is seeking buyers for their internet empire. Reports say the company is looking to sell for nearly $850 million, and may go public. Great Hill partners purchased IGN in 2003 for $26 million. Lehman Brothers, a global finance firm, is helping the company explore its options and large media conglomerates, such as Viacom, are among IGN's top suitors. According to Media Metrix, IGN and its sister sites attract over 25 million users a month. This includes GameSpy, RottenTomatoes, FilePlanet, TeamXbox, and VE3D. IGN also provides online gaming technology for hundreds of video game developers. IGN could not be reached for comment as of press time.

[Rook]

I'll bid $2.50.