IAC To Spin-Off ANGI On April Fools' Day [Forbes]
IAC Inc. (IAC)
Last iac inc. earnings: 2/5 04:10 pm
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US:NASDAQ Investor Relations:
iac.com/investor-relations/overview
Company Research
Source: Forbes
On March 10, 2025, IAC Inc. (NASDAQ: IAC, $43.94, Market Cap: $3.6 billion) announced the record and distribution date for the planned spin-off of its entire stake in ANGI Inc. (NASDAQ: ANGI, $1.56; Market Capitalization: $777.4 million). IAC's board of directors plan to issue a special dividend of all Angi capital stock held by IAC to its stockholders. The spin-off will be effected through a pro rata distribution of 84.2% of the outstanding shares of Angi common stock to holders of IAC common stock. IAC Price Performance Spin-Off Details Spin-Off Research The board of directors of Angi has approved a reverse stock split of its Class A and Class B common stock at a one-for-ten ratio, set to take effect on March 24, 2025. IAC will convert all its Angi Class B com
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News
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IAC
Earnings
- 2/11/25 - Miss
IAC
Sec Filings
- 3/10/25 - Form 8-K
- 3/7/25 - Form 4
- 2/28/25 - Form 8-K
- IAC's page on the SEC website