Lendingtree Inc
* Acquires Iron Horse Holdings, which does business under name comparecards
* Equity purchase has a possible total consideration of $130 million
* Expects transaction to be significantly and immediately accretive to Lendingtree
* Deal consists of $85 million in cash at closing, contingent consideration payments of up to $22.5 million in each of 2017 and 2018 Source text for Eikon: Further company coverage: (Reporting by Anil D’Silva)
Recent Articles on M&A
Source: Reuters.com
