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Bankaholic.com sells to Bankrate for $15 million
Financial info site BankRate is expanding its financial product listings acquiring Bankaholic, which provides info on deposits, savings accounts, and money market accounts. The company will pay $12.4 million up front, with another $2.5 million possible earnout over the next 12 months.
Johns Wu, who created bankaholic.com sold it to bankrate.com (a public company) 2008
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