Freequotes gets for a snip

Picking over the bones of dotcom carrion

British financial Web site has shelled out £226,000 for the database of deceased financial outfit

Freequotes - which is part of - will get the details of 110,000 people for its money - which works out at a smidge above £2 per name.

Earlier this month told its readers that it was to close its operations following investor pressure on its US parent company,, to slash costs.

Simon Wajcenberg, joint MD of, believes he's got a bargain.

He said: "'s database, which cost £10 million to compile, has a membership base which closely matches the profile of core audience.

"It is our belief that the acquisition of will make profitable in the near future."

And Wajcenberg is happy to pick up further dotcom carrion added: "If the opportunity presented itself, would make further acquisitions to build its membership base and consolidate its current market position." ®

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