Ask Jeeves Purchased by IAC

There are reports that Ask Jeeves is being purchased by Barry Diller's company IAC.

IAC has a large set of valuable web properties, including Expedia, Ticketmaster, Match.com and CitySearch, LendingTree, .

The most interesting will be folding CitySearch into a Local Search function.

What is interesting is to contemplate the possibility that since IAC is an Overture partner, Google adsense has a very real possibility of being pulled from the AJ site.

What remains to be seen is if Ask will finally stop throwing all the ads as if they were content at the top of their results pages.