IACI (IACI) Breaking Into Five Companies?

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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