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Stock Market & Financial Investment News

News Breaks
January 17, 2013
08:50 EDTANGIAngie's List appoints J. Mark Howell as COO
Angie's List announces that J. Mark Howell will join the company as COO. Prior to Angie's List, Howell served as president, Ingram Micro Mobility, North America, a subsidiary of Ingram Micro.
News For ANGI From The Last 14 Days
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August 24, 2015
17:10 EDTANGITCS Capital Management raises stake in Angie's List to 9.0% from 6.5%
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August 17, 2015
13:11 EDTANGIAlibaba unlikely to make competing offer for zulily, say Baird
zulily (ZU) shareholder Alibaba (BABA) is unlikely to make a competing takeover bid for the online retailer, Baird analyst Colin Sebastian tells investors in a research note. Alibaba, which upped its stake in zulily to 9% in May, likely views the company as an investment rather than a vehicle to enter the U.S. market, Sebastian argues. This morning, Liberty Interactive (QVCA) announced it had reached an agreement to acquire zulily for $18.75 per share or $2.4B. The analyst sees strategic benefits from the deal. Increased takeover activity in the small-cap internet space could support the valuations of the remaining independents, including ChannelAdvisor (ECOM), Yelp (YELP), Groupon (GRPN), Angie's List (ANGI) and RetailMeNot (SALE), Sebastian writes. Shares of zulily are soaring 47% to $18.50 following the takeover agreement.

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