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IAC To Purchase Care.com In Nearly $500M Deal

December 20, 2019
M&A
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IAC To Purchase Care.com In Nearly $500M Deal

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 almost $500 million. IAC will pay $15 for each share of Care.com in a transaction that is all cash, which marks a 13.2 percent premium […]