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Lexington, Ky.-Based Internet Spin-Off Buys Portion of Parent Company.

Lexington Herald-Leader (Lexington, KY)

| December 16, 2000 | COPYRIGHT 2007 Lexington Herald-Leader. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: John Stamper

Dec. 16--An Internet spinoff of Lexington-based Host Communications has bought a small portion of its parent company.

iHigh.com, also based in Lexington, said yesterday it acquired Host's high-school marketing division, expanding iHigh's reach to the offline world.

The deal makes iHigh the official marketing partner of the National Federation of State High School Associations and puts it in charge of promoting events like the Kentucky Sweet Sixteen High School Basketball Tournament and the Florida-Georgia High School Football Border Wars.

Host owns a 29 percent stake in iHigh, which is trying to become the dominant…

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