europeforvisitors - 1:52 am on Jul 2, 2005 (gmt 0)

Hey, sometimes chutzpah works. Look at Primedia's sale of About.com to The New York Times Co. for $410 million. That's 23 times About.com's estimated 2005 EBITDA (earnings before interest, taxes, depreciation and amortization), according to THE ECONOMIST.