IAC announced today that it has acquired Care.com, a worldwide marketplace for family care, for $15 per share of common stock. It will also get the Preferred Share Offer Price per share of preferred stock in an all-cash transaction representing approximately $500 million of enterprise value....
This is a platform that will take some, well, care. As reported Friday, Dec. 20, IAC, which operates several media brands, announced a pact to buy Care.com for about $500 million. The Wall Street watchers may be focused on the mechanics of the all-cash deal,...
One day after outlining plans to spin off all its Match Group shares, digital brand holding company IAC says it has agreed to purchase Care.com in an arrangement valued at almost $500 million. IAC will pay $15 for each share of Care.com in a transaction...
Turo, a car-sharing startup, has raised $250 million from IAC in a Series E funding round, which puts the company’s valuation at above a billion dollars, according to reports. IAC is an internet media company that previously owned Match.com and OkCupid. The funding round brings...
August 10, 2020
IAC, the New York-based global media and internet giant, is betting that an investment of $1 billion in MGM Resorts International will pay off in online gambling, according to a press release. The move comes one month after IAC and Match Group, the parent company of dating providers Match, Tinder, OkCupid and PlentyOfFish, announced they […]
February 12, 2020
IAC announced today that it has acquired Care.com, a worldwide marketplace for family care, for $15 per share of common stock. It will also get the Preferred Share Offer Price per...
December 20, 2019
One day after outlining plans to spin off all its Match Group shares, digital brand holding company IAC says it has agreed to purchase Care.com in an arrangement valued at...
July 17, 2019
Turo, a car-sharing startup, has raised $250 million from IAC in a Series E funding round, which puts the company’s valuation at above a billion dollars, according to reports. IAC...