Angies List,Inc. (NASDAQ:ANGI) Files An 8-K Other Events
Item 8.01 Other Events
On May1, 2017,IAC/InterActiveCorp (IAC), a Delaware
corporation, and Angies List,Inc. (Angies List) jointly
issued a press release announcing that the parties had signed a
definitive agreement to combine IACs HomeAdvisor business and
Angies List into a new publicly traded company, to be called ANGI
Homeservices Inc., subject to the terms and conditions set forth
in the definitive agreement. A copy of the joint press release is
attached hereto as Exhibit99.1 and is incorporated by reference
herein.
Angies List also provided supplemental information regarding the
proposed transaction in connection with a presentation to
investors. A copy of the investor presentation is attached hereto
at Exhibit99.2 and is incorporated by reference herein.
Angies List further issued communications to employees of Angies
List regarding the proposed transaction. A copy of the
communications to Angies List employees are attached hereto as
Exhibit99.3.
Item 9.01 Financial Statements and
Exhibits
|
ExhibitNo. |
|
Description |
|
99.1 |
Joint Press Release, dated as of May1 2017. |
|
|
99.2 |
Investor Presentation, dated as of May1, 2017. |
|
|
99.3 |
Email to Angies List Employees, dated as of May1, 2017. |
About Angie’s List, Inc. (NASDAQ:ANGI)
Angie’s List, Inc. operates a national local services consumer review service and marketplace. As of December 31, 2016, the Company helped facilitate transactions between over five million members and its collection of service providers in over 700 categories of service nationwide. Its tools, services and content across multiple platforms enables consumers to research, shop for and purchase local services for needs, as well as rate and review the providers of these services across the United States. Its ratings and reviews assist its members in identifying and hiring the provider for their local service needs. Its services include member services and service provider services. It compiles a breadth of relevant, member-generated ratings and reviews that provide insights, which could otherwise be difficult for consumers to obtain on their own. Its primary source of service provider revenue is term-based sales of advertising to service providers. Angie’s List, Inc. (NASDAQ:ANGI) Recent Trading Information
Angie’s List, Inc. (NASDAQ:ANGI) closed its last trading session up +0.01 at 5.89 with 564,105 shares trading hands.
