BUSINESS BRIEFING / MEDIA
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From Times Wire Reports
The nonprofit group Consumers Union, publisher of Consumer Reports magazine, said it had acquired Consumerist.com, an online consumer products blog, from Gawker Media.
Consumerist.com has acted as a kind of consumer watchdog and advice site. Consumers Union said the blog would operate independently of its other publications under a new nonprofit organization called Consumer Media.
Financial details of the agreement were not disclosed.
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