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Sale of MagnifyMoney to LendingTree

Represented Camino del Avion, the company that operates MagnifyMoney.com, in its sale to LendingTree for a total purchase consideration of $39.5 million. The total consideration consists of $29.5 million in cash at closing, and contingent consideration payments of up to $10 million.

Loeb & Loeb LLP represented Camino del Avion, the company that operates MagnifyMoney.com, in its sale to LendingTree for a total purchase consideration of $39.5 million. The total consideration consists of $29.5 million in cash at closing, and contingent consideration payments of up to $10 million. MagnifyMoney is a leading consumer-facing media property that offers unbiased editorial content, expert commentary, tools and resources to help consumers compare financial products and make informed financial decisions. LendingTree operates the nation's leading online loan marketplace and provides consumers with an array of online tools and information to help them find the best loans for their needs.