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CRCM - What IAC's Acquisition of Care.com Means for Investors
Care.com Inc.
Care.com(NYSE: CRCM) is ending its run as a public company. The online marketplace that helps consumers find care providers for children, seniors, and pets is being acquired by IAC(NASDAQ: IAC), a holding company with numerous media and Internet brands under its umbrella.
So what does this acquisition mean for investors? Let's break down the deal and how its implications affect both Care.com and IAC investors.