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| IACI > SEC Filings for IACI > Form 8-K on 29-Aug-2012 | All Recent SEC Filings |
29-Aug-2012
Other Events, Financial Statements and Exhibits
On August 26, 2012, IAC/InterActiveCorp, a Delaware corporation (the "Registrant" or "IAC") entered into a stock purchase agreement (the "Agreement") with The New York Times Company, a New York corporation (the "Seller"), pursuant to which IAC has agreed to acquire 100% of The About Group (consisting of About.com, ConsumerSearch.com, CalorieCount.com and related businesses) from the Seller for $300 million in cash.
The obligations of the Registrant and the Seller to complete the transaction contemplated by the Agreement are subject to customary closing conditions and regulatory approvals. The transaction is expected to close in the next several weeks and upon closing, the results of The About Group will be reported in IAC's Search and Applications reporting segment.
On August 26, 2012, IAC issued a press release relating to the transaction, which is furnished herewith as Exhibit 99.1 hereto.
(d) Exhibits
Exhibit Number Description Exhibit 99.1 Press Release of IAC/InterActiveCorp, dated as of August 26, 2012.
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