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WebMedia Brands completes $18 million sale of Internet.com to QuinStreet

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Norwalk, Conn.—WebMediaBrands, publisher of MediaBistro.com, announced Monday that it has completed its previously announced sale of Internet.com to QuinStreet for $18 million.

Foster City, Calif.-based QuinStreet is an online vertical media company that publishes a weekly e-newsletter, Internet Marketing News. QuinStreet filed a registration statement with the Securities and Exchange Commission in November related to a proposed initial public offering.

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