TITLE

IAC Reports a Spike In Lending Income

AUTHOR(S)
Shenn, Jody
PUB. DATE
February 2006
SOURCE
American Banker;2/13/2006, Vol. 171 Issue 29, p22
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that IAC/InterActive Corp. said fourth-quarter operating income at its lending and lead-generation business grew more than eightfold from a year earlier, to $8.7 million, largely because the business made more loans itself, rather than just selling leads. The results, which the New York company announced last week, included a $5.8 million charge for patent litigation.
ACCESSION #
19787619

 

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