Monday, August 17, 2009 grabs EveryBlock: grabs EveryBlock: Business News - MSN Money:

" grabs EveryBlockAugust 17, 2009 1:08 PM ET

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All newsEric Engleman is going 'hyperlocal' with a new acquisition. The online media company isbuying EveryBlock, a Chicago-based website that offers news and information down to the neighborhood level in some 15 cities. EveryBlock lets users type in an address, neighborhood name or ZIP code and get nearby news coverage, blog posts, civic data, photos and other information., a joint venture of Microsoft Corp. (NASDAQ: MSFT) and NBC Universal, has been experimenting more with local news coverage lately. The news site has been providing months of granular coverage of the town of Elkhart, Ind., documenting how local residents and businesses there are coping with the economic recession."

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