IAC Acquires Subscription Site Tutor.com

IAC, the parent company of Match.com and Newsweek/The Daily Beast, announced this week that it has acquired subscription site Tutor.com. Terms of the deal
IAC, the parent company of Match.com and Newsweek/The Daily Beast, announced this week that it has acquired subscription site Tutor.com. Terms of the deal were not disclosed. Tutor.com is an online subscription and eLearning site that connects more than 3,000 educational professionals with students who need help in highschool and college-level coursework. The site is positioned as a B2C company selling directly to students and parents, but in fact, 90% of the company's business comes from…...

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