Investing

Today's Best Market Rumors (8/22/2012) About.com Sale

Updated throughout the day on the 24/7 Wall St. Wire:

IAC/InterActiveCorp (NASDAQ: IACI) offers $300 million for the About.com division of The New York Times Co. (NYSE: NYT). (Reuters)

The U.S. government investigates whether Royal Bank of Scotland Group PLC (NYSE: RBS) worked around Iran sanctions.

Douglas A. McIntyre

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