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IAC/InterActiveCorp has bought Canada-based HomeStars, its second acquisition in the past four months of an online home services company based outside the U.S.
On a per-share basis, the New York-based company said it had net income of $1.18. Earnings, adjusted for one-time gains and costs, were $1.38 per share. The results surpassed Wall Street expectations. ...
IAC/InterActiveCorp beat analysts’ estimates for revenue and profit in the fourth quarter, an achievement Chief Executive Officer Joey Levin partly attributed to success in what he called the company’s ...
Naming IAC/InterActiveCorp (NASDAQ: IAC ) as one of the top SMID ideas for 2017, Aegis Capital’s Victor Anthony noted that the stock continues to trade at a discount to its asset values despite several ...
When Barry Diller’s IAC/InterActiveCorp bought comedy website CollegeHumor in 2006, the deal included an asset the billionaire had little use for at the time: Vimeo.
A $70 million deal for Shoebuy.com comes as Walmart continues to build up its online sales offerings.
Despite 13 months having passed since Angie's List Inc (NASDAQ: ANGI ) rejected the acquisition bid from IAC/InterActiveCorp (NASDAQ: IAC ) and 10 months since Angie’s List announced a revamp of its subscription ...
Chairman Diller controls more than 44 percent of IAC's voting shares, while the billionaire owns less than 8 percent of the company's stock, CalPERS said in a statement. "As a result, no matter how much IAC uses stock to pay compensation or pursue new deals, Diller and his future heirs will never lose their voting control, even as their economic ownership of IAC can be reduced far below their current 8 percent level," CalPERS said.