A private equity player in the United States has made one of the
biggest bets yet on the Internet, with a $160-million investment in a
little-known new-media firm in Ontario's Waterloo region.
American Capital Strategies Ltd. wants to build an online media
powerhouse through the minority equity stake it acquired this week in
Geosign Group of Companies, a firm in Guelph. Geosign has quietly built
a network of 180 websites offering consumers information on topics
ranging from bed linen and fitness to insurance and cosmetic surgery. Contiue reading
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