InfoSpace Inc (Nasdaq:INSP) announced that it has appointed Andrew (Andy) M. Snyder, CEO of Cambridge Information Group (CIG), to its Board of Directors. In addition, Mr. Snyder will head a newly-created mergers and acquisitions committee of the Board. CIG, a family-owned management and investment firm, is currently a large shareholder and is increasing its investment to approximately 4.8 percent of the outstanding shares of InfoSpace.
InfoSpace, Inc. develops search tools and technologies that assist consumers with finding content and information on the Internet.
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(INSP, CLNO, NAVG, DDIC) Stock in Focus by DoubleInStocks.com
August 30th, 2011 at 02:23 pm