ValueClick acquires Investopedia from Forbes for $42 million

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New York—Online marketing services company ValueClick Inc. on Wednesday announced that it has acquired the Investopedia financial information and investing education website from Forbes Inc. for approximately $42 million in cash.

Founded in 1999, Investopedia provides users with a library of financial terms, articles, tutorials and investing education tools, such as virtual trading simulators and exam preparation materials.

Media investment bank Jordan, Edmiston Group represented Forbes in the transaction.

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