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Stock impact report

CORRECTED-IAC to spin off stake in Tinder-owner Match Group [Reuters]

IAC Inc. (IAC) 
Last iac inc. earnings: 2/5 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: iac.com/investor-relations/overview
Company Research 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) Show less Read more
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