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Entertainment Publications Inc.

IAC Sells Consumer Promotions Unit Entertainment Publications Inc. To PE Firm; $135 Million Benefit

Jun 3, 2008 5:59 PM

Written from the lobby of IAC (NSDQ: IACI) headquarters… IAC has announced the sale of Entertainment Publications Inc., a distributor of consumer savings coupon books to PE firm MH Equity. While the exact terms of the deal aren’t being disclosed, the sale will yield $135 million, which includes tax benefits.…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, IAC, entertainment publications inc., mh equity

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