IAC/Interactive renews deal with Google
Busy day for IAC/Interactive. After announcing they are splitting into 5 companies, they just announced they are renewing their search advertising deal with Google, worth $3.5B+.
From the wire via CNNMoney.com:
Sphere: Related Content
NEW YORK -(Dow Jones)-IAC/InterActiveCorp . (IACI) said Monday it has extended a deal with Google Inc. to provide search advertising on its Internet properties, primarily the Ask.com search engine. IAC Chief Executive
Barry Diller said in a briefing Monday that thedeal is worth in excess of $3.5 billion to IAC. The priordeal was slated to expire at the of the year.
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