On a conference call held yesterday discussing IAC/InterActiveCorp (IACI.O) quarterly earnings, Barry Diller indicated that he would entertain the idea of selling the search engine Ask.com. Since it’s purchase in 2005, Ask.com has done little to capture a larger share of the lucrative search business. Currently, the online search site ranks a distant fourth behind Google, Yahoo and Microsoft with only a 4% share of the market.
According to Diller, there has been discussions pertaining to consolidation “and, it is unlikely that we would be the consolidator.” So Ask.com is for sale, the question now is who is going to buy it?
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