IAC business Mindspark buys majority stake in fitness site DailyBurn

By AP
Thursday, May 20, 2010

IAC’s Mindspark buys stake in fitness site

WHITE PLAINS, N.Y. — Mindspark Interactive Network Inc., which is a subsidiary of Internet company IAC/InterActiveCorp, has bought a majority stake in fitness site DailyBurn.com.

Mindspark, which also runs such Web properties as the virtual world Zwinky, announced its latest purchase Thursday. It did not disclose the price.

DailyBurn was started in 2007 and now has close to 500,000 members. It offers users free and paid membership options, which help people monitor their eating habits and workouts.

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