Results for: interactivecorp
(3-7-08) Sometimes you gotta throw the kids out the house. IAC/InterActiveCorp (IACI)
Kevin Matras goes over the new Top Sectors and how to use them in your own trading. Highlighted stocks include LNT, SJM, DFS, ITT and IACI.
The online dating industry is going through a major consolidation. Last month IAC/ InteractiveCorp's Match**** acquired Singlesnet; private equity firm Great Hill Partners LLC has made an offer for Spark Networks Inc., the owner of online dating site JDate, BlackSingles****, and ChristianMingle****; and more acquisitions are likely on the way. Bigger players such as Match**** and eHarmony Inc. are likely to acquire smaller competitors at fire sale prices, says OkCupid CEO Sam Yagan. Watch the video below or download it at iTunes.- Maria Woehr