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The Inter Active Corp says that it is in talks to buy Yahoo’s online-dating business, Yahoo Personals, after posting a first-quarter loss due to a dip in online advertising.
IAC CEO Barry Diller said Wednesday his company was in discussions around acquiring the Yahoo Personals property, but he cautioned that it was too early to know whether the talks would amount to anything. Yahoo management has thrown around the idea on whether to sell its dating site for several years.
“We would love to have Yahoo Personals, and there are discussions about that,” Mr. Yahoo CEO Carol Bartz has expressed a new desire to sell-off products and services that aren’t core to its business.