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Synopsis
IAC, an American holding company that owns brands across 100 countries, completed its acquisition of Care.com, the provider of various care services, for $500m. "Care.com has the potential to transform how families connect with all aspects of care while also empowering caregivers with new ways to grow income. Our immediate priority is to drive accelerating growth for Care.com as a safe, accessible and reliable platform for families and high-quality caregivers. We're excited to begin this next chapter," Tim Allen, Care.com CEO.
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