@from100kto1m

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Yegor's avatar
$181m follower assets
Bought IAC
IAC at $53.47
EmployBridge and $IAC has entered into a definitive agreement for EmployBridge to acquire IAC’s Bluecrew business unit, the first hourly W-2 workforce-as-a-service platform.
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Under the terms, IAC will receive consideration in the form of cash and combined company stock, becoming a minority shareholder in the combined company, which, upon completion of the transaction, will generate over $4B of pro forma revenue.
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The transaction is expected to be completed in the fourth quarter of 2022
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H/t SeekingAlpha
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