CORRECTED-IAC to spin off stake in Tinder-owner Match Group [Reuters]
IAC Inc. (IAC)
Last iac inc. earnings: 2/5 04:10 pm
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Source: Reuters
IAC to spin off stake in Tinder-owner Match Group (Reuters) - IAC/InterActiveCorp ( IAC.O ) is offloading its entire stake in Tinder owner Match Group ( MTCH.O ) as the Barry Diller-led internet company separates itself from the business it once owned. Match Group shareholders will receive one share of New Match and $3 per share in consideration, while IAC will receive $3 per share in cash. (This story corrects paragraph 2 to say IAC will receive $3/shr in cash, not IAC shareholders)
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IAC
News
- IAC Inc. (NASDAQ: IAC) had its "outperform" rating re-affirmed by analysts at Macquarie. They now have a $14.00 price target on the stock.MarketBeat
- Inc. Names Jennings Social Media & MarTech as a 2024 Power Partner Award WinnerPR Web
- IAC Inc. (NASDAQ: IAC) had its price target lowered by analysts at Truist Financial Co. from $88.00 to $80.00. They now have a "buy" rating on the stock.MarketBeat
- IAC Inc. (NASDAQ: IAC) had its price target lowered by analysts at TD Cowen from $82.00 to $77.00. They now have a "buy" rating on the stock.MarketBeat
- IAC Inc. (NASDAQ: IAC) had its price target lowered by analysts at Barclays PLC from $70.00 to $66.00. They now have an "overweight" rating on the stock.MarketBeat
IAC
Earnings
- 11/11/24 - Miss
IAC
Sec Filings
- 11/14/24 - Form SC
- 11/12/24 - Form 8-K
- 11/12/24 - Form 8-K
- IAC's page on the SEC website