NBC buying iVillage for $600 million

[SOURCE: Reuters, AUTHOR: Paul J. Gough]
NBC Universal has signed a deal to acquire iVillage, the women's and parenting website, for about $600 million. The companies said Monday that shares in the publicly-traded iVillage will be purchased for $8.50 a share, up a little more than 50 cents a share from its $7.98 a share close on the Nasdaq on Friday. The deal still has to be approved by shareholders and regulators although it's likely to close in the second quarter.
http://today.reuters.com/news/newsArticle.aspx?type=internetNews&storyID=2006-03-06T213416Z_01_WEN2173_RTRUKOC_0_US-MEDIA-IVILLAGE.xml&archived=...

See also --
* NBC Buys a Web Site for Women
http://www.nytimes.com/2006/03/07/business/media/07place.html
(requires registration)

* NBC Universal to Buy Women's Web Site iVillage
http://online.wsj.com/article/SB114164674594890276.html?mod=todays_us_marketplace
(requires subscription)