Thursday, March 28, 2024
Homedeals and iposAngie's List rebuffs IAC proposal, sees shares jump

Angie’s List rebuffs IAC proposal, sees shares jump

Shares of Angie's List popped Wednesday after IAC/InterActiveCorp announced a bid to acquire it for $8.75 per share.

The stock was up over 11 percent in extended trade.

However media company IAC said the board of Angie's List was not interested in the proposal. Angie's List declined to comment on the matter.

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