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IAC's Match.com Buys People Media Dating Sites for $80M

Authored by Mark Hefflinger on July 7, 2009 - 6:19am.
New York - IAC (NASD: IACI), the Internet holding company that operates sites including Citysearch and Match.com, announced on Monday that its Match.com dating site will acquire People Media, an operator of dating sites, from American Capital Ltd. for $80 million in cash.
tags: Deals | Acquisitions | IAC | Dating | American Capital | People Media |