LendingTree continues acquisition spree

LendingTree continues acquisition spree

LendingTree Inc., the Charlotte-based operator of LendingTree.com, has acquired the company that operates MagnifyMoney.com, a website that offers editorial content and tools for comparing financial products. The deal, valued at some $39.5 million, follows on the heels of LendingTree’s purchase last week of certain assets from the owner of DepositAccounts.com, a Birmingham, Ala.-based company that tracks more than 270,000 consumer deposit rates, for as much as $33 million.

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