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IAC Stakes A Bet On CollegeHumor.com

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Barry Diller's IAC/InterActiveCorp picked up the majority stake in ConnectedVentures, the parent company of naughty humor site CollegeHumor.com.

CollegeHumor website, a place where outrageous humor and propriety never have to spend much time together. IAC purchased a 51 percent stake in ConnectedVentures; pricing and terms of the deal were not disclosed. IAC Del.icio.us | Digg | Yahoo! My Web | Furl Bookmark Murdok: David Utter is a staff writer for Murdok covering technology and business.

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