RBC Capital Cuts Price target on IAC/InterActive (IACI) Following 3Q Results
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October 26, 2015 4:30 PM EDT
NEW YORK, Oct. 26, 2015 /PRNewswire/ --Â IAC (NASDAQ: IACI) released third quarter 2015 results today and published management's prepared remarks on the Investors section of its website at www.iac.com/Investors.
SUMMARY RESULTS
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October 26, 2015 4:17 PM EDT
NEW YORK, Oct. 26, 2015 /PRNewswire/ -- IAC (NASDAQ: IACI) today announced that it has entered into a new agreement with Google which will extend their long-term relationship through March 2020. The new agreement will take effect on April 1, 2016 (following expiration of the current services agreement in place between the parties) and run through March 31, 2020.Â
Under the new agreement, Google will continue to provide IAC and its affiliate partners with sponsored listings and other search-related services for display on both desktop and mobile platforms. Â The new agreement is largely exclusive with respect to... More
