4 Merger and Acquisition Stories Investors Should Check Out

IAC/InterActiveCorp (NASDAQ:IACI): Closing price $46.03

On Monday, IAC reported that it has purchased the online tutoring solution Tutor.com. The latter was founded in 1998, and links up students at any time, any place, with more than 2,500 screened and qualified tutors for immediate one-to-one sessions. Financials of the transaction were not disclosed.