Angie's List was acquired by IAC (the parent company of HomeAdvisor) in a cash-and-stock transaction valued at approximately $505 million, or $8.50 per share. While co-founder Angie Hicks and other executives helped build the brand into a prominent household name over two decades, sliding advertising revenues and strategic alternative explorations led to the eventual merger. This corporate combination merged Angie's List and HomeAdvisor under the newly formed umbrella enterprise ANGI Homeservices Inc., permanently altering its status as an independent publicly traded company.