Bankrate, Inc. announced on June 24 they will acquire CreditCards.com and NetQuote for a combined $350 million. This is a monster deal (and not a domain sale for you blokes who think every company sold with a .com is a domain sale).
According to compete these 2 sites have over 2,000,000 unique visitors a month in the lucrative financial and insurance industries.
The breakdown was:
$205 million for NetQuote
$145 million for CreditCards.com
So – you still want to park your domains?
There is lots of money around if you build. Maybe not $350 million but surely a few if you do it right. This news is a month old – from June 24th – and I totally missed this being reported anywhere. Congrats!
Personally I think creditcards.com is worth a lot more than $145 million