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Amazon.com (AMZN) or other companies might counter IAC/InterActiveCorp’s (IACI) hostile bid to buy consumer-reviews website Angie’s List (ANGI), says Needham & Co. After the close Wednesday, IAC made an unsolicited offer to buy consumer-reviews website Angie’s List for more than $500 million in cash, or $8.75 a share. Angie’s List stock closed Wednesday’s regular session at 7.92 and hasn’t traded above 8.75 since October 2014. Angie’s List stock Scalper1 News
Scalper1 News