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Stock Market & Financial Investment News

News Breaks
December 24, 2012
06:44 EDTIACIMeetic 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
News For IACI From The Last 14 Days
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March 2, 2015
10:00 EDTIACIOn The Fly: Analyst Initiation Summary
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09:11 EDTIACIIAC initiated with a Buy at Axiom
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06:56 EDTIACIIAC's Tinder working on first ads, Re/code reports
IAC's Tinder is developing its first ad product, Re/code reported Friday night. The dating app is also talking with Facebook (FB) and Twitter (TWTR) about using their ad networks to fill out ad space, Re/code stated. Reference Link
February 26, 2015
10:00 EDTIACIOn The Fly: Analyst Initiation Summary
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February 25, 2015
16:19 EDTIACIIAC initiated with an Underweight at Morgan Stanley
Target $48.

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