IAC completes Expedia transaction

NEW YORK -- InterActiveCorp, formerly known as USA InterActive, Friday completed the acquisition of those Expedia shares it didn't already own.

The move means Expedia's stock was delisted, and the Bellevue, Wash., company will operate as a wholly owned IAC business.

IAC previously took 100% control of then-majority-owned Ticketmaster and Hotels.com in similar transactions.

Also Friday, IAC completed its acquisition of LendingTree, a Web-based lending and real estate exchange.

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