Web 2.0 News

Yahoo Acquires Rivals for $100 million
Yahoo has acquired college sports site Rivals.com, says the Associated Press in a story that may have been accidentally published early. The price is not being disclosed, although the rumor is that the deal was closed for around $100 million. Rumors of talks first surfaced in April.

Source: http://www.techcrunch.com/2007/06/20/yahoo-acquires-rival-for-100million/