The media conglomerate’s shares have been trading poorly and it has been streamlining itself to focus on core assets.

KPMG LLP provided accounting and tax advisory services. J.P. Morgan Securities LLC acted as exclusive financial advisor to IAC and Latham and Watkins LLP served as legal counsel to IAC.

The Trump administration’s recent reintroduction of new global tariffs reignited trade policy uncertainty, unsettling companies with international exposure such as IAC and raising questions about ...

IAC currently trades at $34.28 per share and has shown little upside over the past six months, posting a small loss of 2.7%.

IAC is weighing a spinoff of its 85% stake in home improvement services platform Angi. The company said there's no specific timeline for when the Angi spinoff would take place, but a transaction would ...

Media mogul and IAC chairman Barry Diller is set to run the company following the departure of CEO Joey Levin as part of a reorganization in connection with a spin-off of home services platform Angi. ...

On December 22, 2020, IAC announced that the company’s Board of Directors has approved a plan to spin-off its entire stake in video software company, Vimeo. Through its cloud platform, Vimeo provides ...

Today IAC (NASDAQ: IAC) announced it has entered into a definitive agreement with an affiliate of Pacific Avenue Capital Partners ("Pacific Avenue"), a global private equity firm specializing in ...