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by jmiwhite 3807 days ago
Further context:

http://www.nytimes.com/2001/09/10/business/e-commerce-report...

"American Greetings said Thursday that it has acquired Blue Mountain Arts, the struggling online greeting division of Excite@Home, for $35 million in cash"

http://www.cnet.com/news/american-greetings-buys-excite-unit...

1 comments

oh yeah, I forgot how it imploded so soon after the acquisition. I knew it stuck out in my head as the worst acquisition for a reason other than the price paid, especially the cash part - $350M in cash.