14.07.2015 23:35:00
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IAC/InterActiveCorp -- Moody's says IAC/InterActiveCorp's plan to acquire online dating site PlentyofFish has no impact on ratings
New York, July 14, 2015 -- Moody's Investors Service said IAC/InterActiveCorp's ("IAC" or the "company") Ba1 Corporate Family Rating (CFR), long-term debt ratings (Liberty Bonds at Baa3; Senior Unsecured Notes at Ba1), SGL-1 Speculative Grade Liquidity Rating and stable outlook are not immediately impacted by the company's announcement that The Match Group ("Match"), a subsidiary that comprises IAC's online dating websites and non-dating subscription businesses, plans to acquire Canadian Internet dating site PlentyofFish Media Inc. for $575 million.