IAC Shares Jump On News Of Barry Diller's Return As CEO, Spinoff Of Angi Stake

By Yahoo! Finance   |   1 week ago
IAC Shares Jump On News Of Barry Diller's Return As CEO, Spinoff Of Angi Stake

Barry Diller is reclaiming his position as CEO of InterActive Corp., the digital company he founded. IAC is spinning off a stake in Angi, with Joey Levin becoming Angi's executive chairman. The reorganization led to a 5% increase in IAC's shares.

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