IACI (IACI) will break into five companies, according to a report on CNBC. Barry Diller has been under pressure to improve the company’s stock price. The company is an odd mix of online properties like Ask.com and e-commerce plays like HSN.
The company’s online lending and real estate properties have been hurt by the current downturn
The stock is halted ahead of the open.
Douglas A. McIntyre
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