Think Partnership Inc. (THK) announced it's signed a letter of intent to acquire IceRocket.com, a search engine that focuses on blogs and RSS. No terms of the deal were revealed, and a news release cautioned Wachovia Bank has to agree to amend THK's loan agreement for the deal to go through.
Chatter on the Yahoo message boards was generally positive. A statement from IceRocket founder Mark Cuban encouraged that optimism. "I am looking forward to the completion of this deal and working with Think Partnership. Both of our companies are focused on providing the highest integrity services to our users and building core enabling technology that can eliminate click fraud and 'splogging' on our networks in real time," he said.