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Technology M&A image Technology M&A » By The Online Investor Staff, updated Sun., Sep. 20, 5:20 PM Recent mergers and acquisitions in the Technology M&A category.

Slide #76. Electus International Rights to Crazy Market from CJ E&M

Acquirer: Electus International (IACI)
Acquiree: Rights to Crazy Market from CJ E&M
Details: Multimedia entertainment studio Electus, an operating business of IAC (NASDAQ: IACI), today announced that it has acquired rights to Crazy Market from CJ E&M. The show currently airs in Korea, and the acquisition marks Electus' first deal in the country. Electus International plans to distribute the program globally at MIPTV.

IAC/InterActiveCorp is a media and internet company. Co. has four segments: The Match Group, which consists of dating, education and fitness businesses with brands such as Match, OkCupid, Tinder, The Princeton Review and DailyBurn; Search & Applications, which includes brands such as About.com, Ask.com, Dictionary.com and Investopedia; Media, which includes businesses such as Vimeo that operates a video sharing platform, Electus which is a multimedia entertainment studio, and The Daily Beast which is a website for news, commentary, culture and entertainment; and eCommerce, which includes HomeAdvisor, an online marketplace, and ShoeBuy, an Internet retailer of footwear.

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Company Name: 
IAC/InterActiveCorp
Website: 
www.iac.com
Sector: 
Application Software
 

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Buy (3.18 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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