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Angie's List rejects IAC/InterActiveCorp's buyout offer
2015年11月17日 / 下午12点50分 / 2 年前

Angie's List rejects IAC/InterActiveCorp's buyout offer

Nov 17 (Reuters) - Angie’s List Inc rejected IAC/InterActiveCorp’s proposal to buy the consumer review website operator for about $512 million.

Angie’s List said on Tuesday IAC’s proposal “dramatically undervalues” the company and its long-term standalone prospects.

Barry Diller’s IAC, which owns Investopedia, video-sharing website Vimeo and mobile dating app Tinder, offered to buy Angie’s List for $8.75 per share last week. (Reporting by Kshitiz Goliya in Bengaluru; Editing by Savio D‘Souza)

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