IAC said it will spin off its ownership in home repair services provider Angi to its shareholders, and CEO Joey Levin will ...
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The board of directors, which must include at least two independent directors, is required to review the IAC’s recommendations and assess alternative recovery strategies.
IAC confirms the spin-off of Angi, despite mixed feelings from the equity research community, though appeal to the minority Angi float. Angi's shift to a consumer-stated choice model should improve US ...
The company does not plan to appoint a new CEO, but will have leadership reporting to Diller, chairman of IAC.
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Barry Diller's IAC Inc. is spinning off Angi Inc, which connects thousands of consumers to home remodelers, cleaners, landscapers and other professionals.
IAC, Inc. ($IAC) announced late Monday board approval for the spin-off of its full stake in home services platform Angi, Inc.