IAC's Tutor.com acquires The Princeton Review IAC announced that its Tutor.com business has signed an agreement to acquire The Princeton Review, a leading test preparation and college admission services company from Charlesbank Capital Partners. Terms of the deal were not disclosed. After the acquisition is completed, Tutor.com and The Princeton Review will be run by Mandy Ginsberg, the current CEO of Tutor.com. The combined business will be part of The Match Group at IAC. The transaction is expected to close on August 1.
IAC 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