Doh-Main! Marchex Axes Archeo Spinoff Idea

The list of upcoming spins is now a little shorter. After an internal strategic review, Marchex (MCHX) announced that it was tabling plans to spin off Archeo, its domain name business, to shareholders. After selling off certain Archeo assets earlier this year, the company determined that Archeo’s ‘small financial profile’ didn’t make sense for an independent company given…