IAC Looking For Buyers/Investor For Spinoff Units: Report
IAC (NSDQ: IACI), which is in the process of splitting up into five companies, may bring in outside investors or possible buyers for all four of the companies that are being spun-off, reports WSJ. HSN, the biggest spin-off, has some large retailer interesting in acquiring it…Interval International, the time-share exchange, is in discussion with PE firms, the story says. Ticketmaster and LendingTree are also in talks.
But, these are early says, as the story says.
Jan 26, 2008 2:17 PM ET
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Comments (2)
Jan 27, 2008 11:26 AM
Barry is legendary but I don’t understand why someone would invest in version 5 of his Internet experiment. Little has worked for him of late, even though the web just experienced a period of great expansion. His group of faux bankers acting like product gurus hasn’t worked. Ask.com has been a complete disaster.
Why will organization #5 work this time? Answer: it won’t!
Jan 27, 2008 1:41 PM
Dear Mr. Spears.
I am Mr. Sulaiman A.K Almuhaidib the CEO of Almuhaidib & Sons Group Of Company, A Saudi based company and I want to use this medium to express my interest in your business posting requesting for project capital and with due respect I hereby state that am interested to fund this said project. So please contact me back for more details.
Mr. Sulaiman A.K Almuhaidib
CEO Almuhaidib & Sons Group of Co.