Closing Set For Angie's List Acquisition

Posted: Updated:
INDIANAPOLIS -

Indianapolis-based Angie's List Inc. (Nasdaq: ANGI) says September 29 will be final shareholder vote on its proposed sale to the New York-based parent of HomeAdvisor. IAC (Nasdaq: IAC) is offering $8.50 per share or up to $130 million for the online home services website. The resulting company will be called ANGI Homeservices Inc. and be based out of the HomeAdvisor headquarters in Golden, Colorado.

In a filing with the U.S. Securities and Exchange Commission, the company says the Angie's List name will survive as an ANGI Homeservices subsidiary. The new company will trade on the Nasdaq exchange under Angie's List's current "ANGI" listing. In May, IAC announced plans to acquire Angie's List and eventually merge it with HomeAdvisor to create ANGI Homeservices.

  • Perspectives

    • Making Numbers Work Harder For You

      Sencha CEO Art Landro believes the world has created more data in the last two years than in the preceding 5,000, and that we'll probably create even more than that before this year ends. In every aspect of our lives, we're absolutely drowning in data.

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • Indy as Amazon 'HQ2' Finalist a 'Powerful Statement'

      The chief executive officer of the state's technology growth initiative is comparing efforts to land Indianapolis a planned, $5 billion Amazon.com Inc. (Nasdaq: AMZN) headquarters to the city's 2012 Super Bowl bid. TechPoint's Mike Langellier says Indy's inclusion on a list of 20 finalists makes a "powerful statement" to other companies looking for prime locations. Langellier said the city meshes with what Amazon is seeking in areas including...

    • New Nonstops For South Bend, Fort Wayne

      New nonstop flights are coming this summer to South Bend and Fort Wayne. American Airlines to restart operations at South Bend International Airport with twice-daily flights to Dallas/Fort Worth International Airport and Charlotte Douglas International Airport. The airline is also adding daily nonstop service between Fort Wayne International Airport and Philadelphia International Airport.

    • Indy Companies Among Best For Remote Jobs

      Two Indianapolis-based companies are included in the “100 Top Companies with Remote Jobs in 2018” from job search website Flexjobs. The companies are ranked based on the number of remote jobs listed in 2017.

    • Indiana Conference For Women Names Executive Director

      The Indiana Conference for Women has named its first executive director. Marie Davis, who previously served as director of communications strategy for Lieutenant Governor Suzanne Crouch, will take on the newly-created role. Davis is also the co-founder and former chief executive officer of Keystone Message Integration in Carmel and a former board member for the National Association of Women Business Owners. Billie Dragoo-Garcia, co-founder of the Indiana Confe...

    • Amazon Bid Draws Eyes to Northwest Indiana

      The mayor of Hammond says, while northwest Indiana was not included in the list of 20 finalists to land Amazon.com Inc.'s (Nasdaq: AMZN) second headquarters, the region's pitch has drawn other interest. Tom McDermott tells our partners at The Times of Northwest Indiana another company is pursuing a $200 million development in the Lake County city. While he declined to name the company considering the investment, McDermott says it involves a tech project at the old State Line...