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Angie's List Board Unanimously Determines Not to Pursue IAC Proposal (Angie's List Inc)

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(Source: Angie's List Inc) November 17, 2015 Directs Management to Complete Development of Profitable Growth Plan Determines It Is Premature to Conclude that a Strategic Transaction Is in the Best Interests of Angie's List Shareholders INDIANAPOLIS--(BUSINESS WIRE)-- Angie's List (Nasdaq:ANGI) today announced that its Board of Directors has unanimously determined not to pursue the unsolicited proposal from IAC/InterActiveCorp (Nasdaq: IACI) to acquire the Company, as previously announced on November 11, 2015. After a comprehensive review, conducted in consultation with its independent financial and legal advisors, the Angie's List Board determined that it is premature to conclude that a...

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