Newspapers Snap Up Real Estate Website

Classified Ventures, a newspaper partnership that includes KRD, Gannett, The Washington Post Co., Belo Interactive and the Tribune Co., has bought out HomeGain, a top real estate vertical website. According to Nielsen, the most popular site was Realtor.com, with 5.7 unique visitors in April. HomeGain was second and AOL Real Estate third.

HomeGain will operate as a wholly owned subsidiary of Classified Ventures and will retain its headquarters in Emeryville, Calif. Terms of the acquisition were not disclosed.

Classified Ventures also operates Cars.com, Apartments.com and Homescape.com, among others.

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