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Discovery Forks Over $250M For HowStuffWorks

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Discovery Communications owns well-known brands such as the Discovery Channel and Animal Planet.  For the price of $250 million, it now owns HowStuffWorks.com, too.

Discovery Forks Over $250M For HowStuffWorksMatthew Karnitschnig for reporting that price, by the way.)

HowStuffWorks claims to get around 11 million unique visitors per month, and has stated that its Atlanta headquarters and 160-person workforce will be largely unaffected by the acquisition.

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