LendingTree Announces $50 Million Stock Repurchase Program

CHARLOTTE, N.C., Jan. 14, 2016 -- LendingTree, Inc. (TREE) (the "Company"), operator of LendingTree.com, a leading online loan marketplace, today announced that its Board of Directors has authorized the repurchase of up to an additional $50 million of the Company's common stock under the Company's existing stock repurchase program.  The Company previously announced that its Board of Directors authorized the repurchase of $10 million of the Company's common stock in January 2010 and that it authorized the repurchase of another $10 million of the Company's common stock in May 2014.

German American Bancorp, Inc. and River Valley Bancorp Announce Definitive Merger Agreement

JASPER, Ind.-- German American Bancorp, Inc. (Nasdaq:GABC) ("German American") and River Valley Bancorp. (Nasdaq:RIVR) ("River Valley") announced today that they have entered into a definitive agreement to merge River Valley into German American. Upon completion of the transaction, River Valley’s subsidiary bank, River Valley Financial Bank, will be merged into German American's similarly-named subsidiary bank, German American Bancorp.

Under terms of the definitive agreement, River Valley common shareholders will receive 0.770 shares of German American common stock for each share of River Valley in a tax free exchange, plus a cash payment of $9.90 per River Valley share.

LendingTree Reports Record Third Quarter Results; Increasing Full-Year Outlook

-- Record Revenue of $69.8 million; up 69% over third quarter 2014
-- Record Variable Marketing Margin of $24.3 million; up 46% over third quarter 2014
-- Record Net Income from Continuing Operations of $7.4 million
-- Record Adjusted EBITDA of $11.0 million; up 90% over third quarter 2014
-- Record revenue from mortgage products of $44.2 million, up 38% over third quarter 2014
-- Record revenue from non-mortgage products of $25.6 million, up 175% over third quarter 2014
-- Personal loans revenue of $15.6 million, up 325% over third quarter 2014
-- Credit cards revenue of $2.7 million, up 574% sequentially over second quarter 2015
-- My LendingTree enrollment exceeds 2 million users
-- Increasing full-year 2015 guidance and issuing full-year 2016 guidance

CHARLOTTE, N.C., Oct. 26, 2015 -- LendingTree, Inc. (TREE), operator of LendingTree.com, the nation's leading online loan marketplace, today announced results for the quarter ended September 30, 2015.

Nassau Reinsurance Group to Acquire The Phoenix Companies, Inc. for $37.50 Per Share in Cash

Transaction values Phoenix at $217.2 million
Nassau to contribute an additional $100 million in equity capital to Phoenix upon closing
Phoenix to become Nassau’s U.S. life and annuity platform
Transaction expected to close by early 2016

NEW YORK & HARTFORD, Conn--- Nassau Reinsurance Group Holdings L.P. (“Nassau”) and The Phoenix Companies, Inc. (PNX) (“Phoenix”) today announced that they have entered into a definitive agreement in which Nassau will acquire Phoenix for $37.50 per share in cash, or aggregate equity purchase price of $217.2 million. The purchase price represents a 188% premium over Phoenix’s closing stock price of $13.03 on Sept. 28, 2015.