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Stock Market & Financial Investment News

News Breaks
January 6, 2013
20:44 EDTIACIInterActiveCorp to announce acquisition of Tutor.com, NY Times says
InterActiveCorp (IACI) is set to announce it will acquire Tutor.com, an online service that matches students with educational professionals. The company did not disclose the terms of the deal, but a person with knowledge of the matter estimated that IAC had paid just under $40M for Tutor.com, says the New York Times. Reference Link
News For IACI From The Last 14 Days
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October 9, 2014
10:41 EDTIACIHigh option volume stocks
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07:17 EDTIACIIAC in talks to buy Korean web video service DramaFever, Re/code reports
Korean web video service DramaFever is looking to either sell the company or raise a round of funds, and IAC (IACI) has held talks to buy the company, Re/code reports. DramaFever has also talked to AMC Networks (AMCX) about helping the programmer launch its own Web video subscription services. Valuations for DramaFever have ranged between $80-140M. Reference Link

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