IAC says in five-year advertising deal with Google
NEW YORK (Reuters) - Internet conglomerate IAC/InterActiveCorp (IACI.O) said on Monday it reached a deal to have Google Inc. (GOOG.O) as its sponsored listing provider for the next five years.
IAC said the transaction would be worth "in excess" of $3.5 billion to it.
The announcement came on the same day IAC announced plans to spin off four of its biggest divisions, including its HSN shopping network.









