IAC in talks to buy Yahoo Personals

InterActiveCorp chief Barry Diller said the company is in talks to buy Yahoo Personals to augment its Match.com business.

The comments were made on IAC's first quarter conference call this week (Techmeme). Here's what Diller said:

We are very interested. We'd love to have Yahoo! Personals and I think there is some initial discussions about that, whether they're going away or not is of course enormously speculative. But I think, Yahoo! has said that it's not an absolute core asset their future and it is core to us. We're a leader in the category. So, we're very aggressive behind Match and any possibilities for increasing its future money in the world.

Yahoo has been looking to shed non-core properties and IAC could be a buyer of other assets. too.