IAC/InterActiveCorp to Buy Online Retailer (AP)

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March 1st, 2005, 05:00 PM

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IAC/InterActiveCorp to Buy Online Retailer (AP)

AP - IAC/InterActiveCorp is acquiring Cornerstone Brands Inc., a portfolio of print catalogs and Web sites that sell home products and apparel, for $720 million, net of expected tax benefits.

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