Seeking Alpha

InfoSpace (INSP) announces the purchase of online tax solution provider TaxACT for $287.5M in a...

InfoSpace (INSP) announces the purchase of online tax solution provider TaxACT for $287.5M in a deal expected to close in Q1. The firm expects the transaction to be immediately accretive to EPS and says it will help push the year one return on shareholder capital to over 16%.
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