Angie's List to merge with HomeAdvisor

news via Travel Business News - Travel Business News Headlines | Bizjournals.com

Angie seems to have had a change of heart. Two years ago, the board of Angie's List — the home improvement referral site — rejected a $512 million cash buyout offer to merge with IAC-owned HomeAdvisor. Today, the Indianapolis-based company accepted an offer. New York-based IAC (NASDAQ: IAC), the web property manager, plans to buy Angie's List and form a new, publicly traded company. The new company will do business as Angi Homeservices. Terms of the deal would see Angie's List investors get…...

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