The Knot Strengthens Online Bridal Offerings With WeddingChannel.com Buy
Mickey Alam Khan
September 11 2006
The Knot Inc., a proposal-to-pregnancy media company, bought competitor WeddingChannel.com Inc. for $61.7 million in cash and 1.5 million company shares valued at $18 each, further consolidating its hold in the online bridal area.
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