Dot.com uses sale as alternative to IPO 

Posted: 1:00 am Thu, June 24, 2004
By admin

<TAB>Just two months after it <b><a href="http://www.mddailyrecord.com/archives/1_231_tuesday/businessnews/153881-1.html" target="_blank">said it would go public</a></b>, Baltimore-based Advertising.com Inc. has agreed to sell itself to Time Warner Inc.'s America Online Internet unit for $435 million.<@SM><@SM><table width="50%" align="right" cellspacing="1" cellpadding="2"><tr><td align="center"><img src="/newspics/scottferber.jpg" alt="Scott Ferber"><div align="center"><font face="arial"><i>Scott A Ferber, CEO of Advertising.com, says the company decided to seek capital from its sale to Time Warner rather than proceed with an IPO.</i><hr></font></div></td></tr></table>