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News Breaks | | | | December 24, 2012 | | 06:44 EDT |  | IACI | Meetic buys Belgium's Massive Media Meetic, the European dating giant majority-owned by IAC (IACI), announce on Friday that it has signed an agreement for the acquisition of Massive Media, the company behind Twoo.com. Based in Gent, Belgium, Twoo is a social discovery service; it allows its users to meet new people via simple features. Pursuant to the acquisition, which should be finalised in early January 2013 once conditions precedent are lifted, Meetic will acquire 100% of the company’s capital and voting rights for a total price of EUR18.9M cash, excluding any earn out associated with the company’s future performance over the coming three years. Reference Link | |
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News For IACI From The Last 14 Days Check below for free stories on IACI the last two weeks. |
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| May 20, 2013 | | 14:20 EDT |  | IACI | Move mentioned as takeover target by Citron Research on Twitter
Subscribe for More Information | | | May 15, 2013 | | 17:09 EDT |  | IACI | Greenlight 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 EDT |  | IACI | Google sites lead U.S. April searches with 66.5% of searches, comScore says
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