iVillage to acquire Women.com

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iVillage, whose iVillage Network includes iVillage.com, Lamaze Publishing and the Newborn Channel, agreed to acquire Women.com Networks. As part of the deal, Hearst Corp., which owns about 46% of Women.com, is committing $40 million to the venture, and up to $21 million in production and ad services over three years. The deal is valued at $47 million, based on the Feb. 2 closing price of iVillage common stock, $1.69.

Copyright February 2001, Crain Communications Inc.

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