Yahoo Dumps European Shopping Site On Private Equity Firm (YHOO)

Yahoo (YHOO) trims the gristle in Europe: It’s selling comparison shopping service Kelkoo to private equity firm Jamplant for a big loss. TechCrunch France pegs the deal at less than €100 million, or less than $125 million. Yahoo bought the service in 2004 for €475 million.

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