Wednesday, April 29, 2009

Urbanspoon Acquired By IAC

Seattle-based Urbanspoon, an online local restaurant guide and aggregator, has been acquired by IAC. IAC announced the acquisition this morning, saying that Urbanspoon will remain an independent brand, managed by Jay Herratti, who also manages the firm's Citysearch, InsiderPages, and Evite businesses. Financial terms of the acquisition were not disclosed. IAC said the deal closed in February.