IAC owns approximately 65 million shares of MGM valued at around $2.1 B. This investment combined with $900 M corporate cash almost covers IAC's current market cap. They have invested $380 million ...

IAC says that Tor R. Braham will join its board after “constructive” talks with Arkhouse. By Alex Weprin Senior Editor IAC has an activist investor, and will add a new board member after ...

In its first-quarter 2025 investor letter, Longleaf Partners Fund highlighted stocks such as IAC Inc. (NASDAQ:IAC). IAC Inc. (NASDAQ:IAC) is a media and internet company. The one-month return of ...

Media and internet company IAC (NASDAQ:IAC) announced on Tuesday the completion of a spin-off of its ownership stake in the home services platform Angi (NASDAQ:ANGI). IAC shares were trading 1.68% ...

IAC will convert all its Angi Class B common stock to Class A on a one-for-one basis before the spin-off, after which it will not retain any Angi capital stock. Post spin-off, IAC would continue ...

Longleaf Partners Fund highlighted stocks like IAC Inc. (NASDAQ:IAC), in the fourth quarter 2024 investor letter. IAC Inc. (NASDAQ:IAC) is a media and internet company. The one-month return of IAC ...

In a broader announcement about finalizing a plan to spin off a stake in home services platform Angi to IAC shareholders, the company said Joey Levin, who had been IAC’s CEO, will become ...

Barry Diller’s IAC said Monday that its board approved the spinoff of Angi, the home improvement marketplace the company acquired in 2017. IAC said it expects the transaction to close in ...

IAC said that it is reorganizing the company through a plan that includes the exit of Chief Executive Joey Levin and a spinoff of its entire stake in home-services company Angi. The media and ...

The company does not plan to appoint a new CEO, but will have leadership reporting to Diller, chairman of IAC. By Caitlin Huston Business Writer Joey Levin, CEO of media company IAC, is set to ...