IAC to consider spinning off stakes in Match Group, Angi Homeservices
August 07, 2019 at 16:09 PM EDT
IAC/InterActiveCorp. on Wednesday said it was considering the possibility of distributing its stakes in Match Group Inc. and Angi Homeservices Inc. to shareholders, a move that would be intended to realize the value of IAC’s holdings in these two public companies as well as its other business units.