About the Author

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Bill Rice is the CEO of Kaleidico, a leader in lead management systems. Prior to founding Kaleidico he was the VP of National Home Equity and the Home Loan Benefit program at Quicken Loans and one of the founding executives of DeepGreen Bank, an Internet-only bank that was one of the first and (at that time) largest buyers of LendingTree leads in early 2000.

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Experian’s PriceGrabber.com For Sale?

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PriceGrabber.com and LowerMyBills.com were hot properties in 2005 when Experian picked up this pair of then strong businesses. However, markets have changed significantly and price comparison websites and mortgage lead generation are beginning to become a consistent financial statement eye sore for Experian investors.

Experian has been reporting sizable losses in there Interactive Division, particularly with LowerMyBills.com, for the last several quarters. Experian is understanably looking for options:

Credit information firm Experian said it was looking at options for the PriceGrabber price comparison website it acquired three years ago.

Experian’s confirmation of a review came after a newspaper report said the firm had appointed advisers to find buyers for PriceGrabber, which allows shoppers to compare the price of goods ranging from cameras to jewellery.

The company said : “Experian is undertaking a review of PriceGrabber and its fit within the Experian portfolio.”

The obvious question is does this also place LowerMyBills.com into a similar position or are the synergies of financial services lead generation and consumer credit to great to take an early put on this investment?

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