The sites, currently owned by Power Corporation of Canada subsidiary Square Victoria Digital Properties, generated $40 million in revenue last year.
Both sites offer commission-free real estate services.
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Investment Hot Spots:
Algonquin, Island Beach, Saint-Cyrille-de-Wendover, Cloridorme, Blucher
Montreal-based Yellow Pages has announced that it’s buying the online real estate sites ComFree and DuProprio Network for $50 million.