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February 11, 2013
07:33 EDTANGIAngie's List poised to perform well in 2013, says Oppenheimer
Oppenheimer expects Angie's List to benefit from a stronger housing market, improving margins and a low valuation compared with its peers. The firm reiterates a $15 price target and Outperform rating on the stock.
News For ANGI From The Last 14 Days
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November 30, 2015
09:35 EDTANGITCS sees Angie's List trading above $20/share with IAC deal
TCS Capital disclosed that it delivered a letter to Angie's List's Chairman, John Chuang, and the company's board. In the letter, Eric Semler of TCS stated "that while he appreciated the time Mr. Chuang and certain other members of the Board have taken to meet with him to discuss his serious concerns, their discussions have made it clear that the Board has no intention of pursuing a combination with IAC's HomeAdvisor." TCS Capital believes that such a combination would lead Angie's shares to trade at $20 per share or higher. TCS calls on the board to "immediately hire a financial advisor to pursue strategic alternatives, including IAC's public offer." In the letter, Semler declined the Angie's offer to join the board at this time, noting that he prefers to avoid the "onerous standstill provisions that the Board demanded for his appointment to the Board." He also stated in the letter that he will continue to seek to effect change from "outside the boardroom - at least for now." TCS Capital owns 10.7% of Angie's List's outstanding shares.

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