CityGrid Acquires Felix - Quick Facts

IAC/InterActiveCorp (IACI) Is Losing Ground After Q1 Report

IAC/InterActive Q1 13 Earnings Conference Call At 8:30 AM ET

About.com Names Neil Vogel CEO

Ask.com Appoints Susan Morrow Vice President Of Product, Effective Immediately

Trade IACI now with

8/20/2012 10:27 AM ET

CityGrid, an operating business of IAC (IACI: Quote), announced the acquisition of Felix. Felix will operate as an independent business under CityGrid, which includes local sites Citysearch, Insider Pages and Urbanspoon, and will report to CityGrid's CEO, Jason Finger. Terms of the deal have not been disclosed. The deal closed on August 15th, 2012.

Click here to receive FREE breaking news email alerts for IAC/InterActiveCorp. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

<<Previous 154 Articles

Editors Pick

Adobe Profit Tops Estimate

Publishing and design software maker Adobe Systems Inc. said Tuesday after the markets closed that its second quarter profit fell 66% from last year, hurt by lower revenue as well as higher costs and expenses. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations and its quarterly revenue was in line with analysts' forecast.

Stocks Show Strong Upward Move Ahead Of Fed Announcement - U.S. Commentary

Stocks showed a strong upward move over the course of the trading day on Tuesday, adding to the gains posted in the previous session. The rally came even as traders expressed some uncertainty ahead of tomorrow's Federal Reserve announcement. The major averages gave back some ground going into the close but remained firmly in positive territory.

Boehner Indicates Immigration Bill Must Have Majority GOP Support

In a potential roadblock to comprehensive immigration reform legislation, House Speaker John Boehner, R-Ohio, indicated Tuesday that he would not bring a bill to the floor unless it is supported by a majority of House Republicans.