NBC to buy iVillage
New York: NBC Universal plans to acquire the women's and parenting website, iVillage, for about $600 million.

NBC will purchase shares in the listed iVillage for $8.50 a share, up a little more than 50 cents a share from its $7.98 a share close on the Nasdaq on Friday. The deal has to be approved by shareholders and regulators although it's likely to close in the second quarter.

iVillage launched in 1995 reported a revenue rise of 30 per cent rise in 2005 over 2004 and expected to increase revenues about $200 million in 2006 with a 20 per cent future growth rate.

When the deal closes, iVillage would report to Beth Comstock, NBC Universal's president of digital media and marketing development.
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Wall Street earns $23.8 billion in fees for mergers and acquisitions
Wall Street firms had an income of $23.8 billion in fees from advising on mergers and acquisitions in 2005 and this year looks even better.

Sources said 2006 could be the best year for M&As as many companies are hunting for big acquisitions.
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