IAC Grows Girl Power With StarNet

Over the years, InterActive Corp’s “tween” and teen-focused Consumer Applications and Portals (CAP) division has grown primarily in an organic fashion. But its acquisition this week of StarNet Interactive breaks that mold and CAP will not shy away from grabbing other companies, said John Park, its president and CEO.

“This business was built on a brand we built organically over about an eight year period,” said Park, discussing the StarNet deal. “Are we going to be in an acquisitive mode going forward? Absolutely.”

However,

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