Barry Diller willing to sell Ask.com (IACI)

Barry Diller, CEO of IAC, the parent company of Ask.com, said that he's willing to part ways with Ask.com: Reuters: "We've been asked a lot whether we're open to consolidating transactions in the area of search. The answer is yes," Diller said. "And, it is unlikely that we would be the consolidator." The media and […]

Barry Diller, CEO of IAC, the parent company of Ask.com, said that he's willing to part ways with Ask.com: Reuters: "We've been asked a lot whether we're open to consolidating transactions in the area of search. The answer is yes," Diller said. "And, it is unlikely that we would be the consolidator." The media and advertising portion of business, which’s home to Ask.com, had an 11% drop in revenue to $172.3 million from $193.3 million. It's rather evident Ask.com isn't going to win the search war ever. If it can't increase revenue, then it might be for the best to let it go. Who would want it? The only company we can think of is Microsoft, which’s doing all it can to fight search war. How much would it pay? Our first, very rough guesstimate would be around $1 billion.