InterActiveCorp : Franchise Herald

InterActiveCorp

InterActiveCorp

IAC Offers to Acquire Angie's List, Angie's Board to Review and Evaluate the Offer

InterActiveCorp (IAC) has proposed to acquire all of the outstanding shares of Angie’s List, Inc. common stock for $8.75 per share, according to IAC’s press release published in PR Newswire. The transaction proposed would be structured as an all-cash deal, however, IAC is also considering a combination of Angie’s List with IAC’s HomeAdvisor business through a tax-free stock-for-stock exchange.

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