Definition:

ac·quis·i·tive adj.
Characterized by a strong desire to gain and possess.
Tending to acquire and retain ideas or information: an acquisitive mind.

Another Diller press release this morning— IAC/InterActiveCorp Enters China Through an Investment in eLong—and IAC's buy into Beijing-based travel through eLong:

NEW YORK, July 26 /PRNewswire-FirstCall/ — IAC/InterActiveCorp (Nasdaq: IACI ) today announced its entry into the travel market in China through its agreement to invest $60 million for a 30% interest in eLong, Inc., a privately held online travel provider based in Beijing that operates the websites eLong.com and eLong.net.  As part of the transaction, IAC also acquired warrants, which if exercised will increase IAC's ownership of eLong to 51%. IAC's investment in eLong will be managed by IAC Travel, which operates the other travel assets of IAC, including Expedia, Hotels.com, Hotwire and Expedia's private-label business WWTE.

The company also announced the creation of IAC Travel - Asia Pacific, and the promotion of Barney Harford to the role of president, IAC Travel - Asia Pacific. Previously Mr. Harford was senior vice president of air, car and private label for Expedia, Inc. and prior to that was responsible for strategic planning for the company.