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Discovery Buying HowStuffWorks

Discovery Communications (Nasdaq: DISCA) has agreed to acquire HowStuffWorks, an online source of informational online content. No financial terms were disclosed, although The Wall Street Journal pegs the amount at $250 million. HowStuffWorks has raised around $82 million in VC funding from firms like Capital Research & Management, Chilton Investment Co., Centennial Ventures, Southeast Interactive Technology Funds, and Chartwell Investments.