IAC Announces Plan to Spin Off Angi; Reorganizes Leadership
3 days ago · IAC and Angi also affirmed prior financial expectations for the fourth quarter of 2024. Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995. This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The use of words such as "anticipates ...
Angi Stock Rises as IAC to Spin Off Home Services Provider
1 day ago · IAC noted that spinning off Angi "will allow IAC management to focus on its broader portfolio as well as new growth opportunities," and boost its "ability to use its stock to make acquisitions and ...
IAC Announces Plan to Spin Off Angi; Reorganizes Leadership
2 days ago · IAC (NASDAQ: IAC) announced today its Board of Directors has approved a plan to spin off IAC's full stake in Angi (NASDAQ: ANGI), a leading platform for home services, to IAC shareholders. IAC ...
IAC approves spinoff of home improvement marketplace Angi
2 days ago · IAC acquired Angie's List in a deal valued at more than $500 million. It merged the site with HomeAdvisor, creating a new public company. Angi currently has a market cap of about $770 million, and ...
IAC to spin off home improvement firm Angi - Axios
2 days ago · IAC has set its latest spinoff in motion with home improvement site Angi, and ushered in leadership changes at the top of the media conglomerate. Why it matters: The company's announcement puts IAC chairman Barry Diller firmly back in charge. Zoom in: IAC said Monday that its board approved a plan to spin off its ownership stake of Angi to ...
IAC to Spin Off Stake in Angi, Longtime CEO to Step Down
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 much-awaited Angi spinoff is here. What’s changing?
2 days ago · IAC Inc. is following through with its plans to spin off the home-improvement site Angi Inc., once known as Angie’s List — saying late Monday that its board had approved the plan as the parent ...
Denver-based Angi Inc. being spun off by Barry Diller's IAC Inc. to ...
1 day ago · Angi today is a publicly traded company with two classes of shares, one of which is a class of high-voting shares that IAC controls. Between the two classes of stock, IAC Inc. controls 98% of the ...
IAC CEO Joey Levin to step down as it spins off home services unit Angi
2 days ago · Angi's market valuation stands at about $776 million as per Monday's closing price, down from $1.25 billion in November when IAC first announced its intention to distribute its 85% stake in the ...
IAC weighs home services unit Angi's spin-off as Dotdash …
Nov 12, 2024 · IAC said it was exploring a spin-off of its majority stake in home services unit Angi after the internet holding company beat third-quarter revenue expectations on Monday thanks to steady ad...
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