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Stock Market & Financial Investment News

News Breaks
October 7, 2012
20:43 EDTIACIIAC's deal-savvy CEO is leading the company's transformation, Barron's says
IAC/InterActiveCorp's (IACI) shares have been among the best performers in the Internet group for the past three years, more than tripling, to a recent $53. Greg Blatt, former head of Match.com, has overseen much of IAC's transformation. In nearly two years as CEO, Blatt has completed nine deals of his own, costing $700M. He also was closely involved in the company's transformational spinoffs in 2008. The wheeling and dealing that defined IAC might well continue, Barron's reports. Although Blatt predicts that the company's two main businesses—online dating and Internet search—are here to stay. Reference Link
News For IACI From The Last 14 Days
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May 15, 2013
17:09 EDTIACIGreenlight gives quarterly update on stakes
NEW STAKES: Oil States International (OIS), Hess (HES), Spirit (SPR), IAC/InterActiveCorp (IACI), and Capital Bank (CBF). INCREASED STAKES: Apple (AAPL). DECREASED STAKES: Microsoft (MSFT), Seagate (STX), Delphi (DLPH), CBS (CBS), and Computer Sciences (CSC). LIQUIDATED STAKES: Ensco (ESV), Xerox (XRX), Yahoo (YHOO), NVR (NVR), and Google (GOOG).
16:08 EDTIACIGoogle sites lead U.S. April searches with 66.5% of searches, comScore says
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May 8, 2013
08:11 EDTIACIPerion Network signs three-year search partnership with IAC's Ask.com
Perion Network (PERI) has entered into a three year non-exclusive search and distribution relationship with Ask.com, an operating business of IAC (IACI). Ask provides general search services as well as direct answers to natural language questions to more than 100 million global users.

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