IAC Announces Plan to Spin Off Angi; Reorganizes Leadership
Jan 13, 2025 · IAC and Angi also affirmed prior financial expectations for the fourth quarter of 2024. Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995. This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The use of words such as "anticipates ...
IAC Announces Plan to Spin Off Angi; Reorganizes Leadership
Jan 13, 2025 · IAC (NASDAQ: IAC) announced today its Board of Directors has approved a plan to spin off IAC's full stake in Angi (NASDAQ: ANGI), a leading platform for home services, to IAC shareholders. IAC ...
Angi Stock Rises as IAC to Spin Off Home Services Provider
Jan 14, 2025 · IAC noted that spinning off Angi "will allow IAC management to focus on its broader portfolio as well as new growth opportunities," and boost its "ability to use its stock to make acquisitions and ...
IAC approves spinoff of home improvement marketplace Angi
Jan 13, 2025 · IAC on Monday announced that its board approved the spinoff of Angi, the home improvement marketplace.
The much-awaited Angi spinoff is here. What’s changing?
Jan 13, 2025 · IAC Inc. is following through with its plans to spin off the home-improvement site Angi Inc., once known as Angie’s List — saying late Monday that its board had approved the plan as the parent ...
IAC approves plan to spin off company once known as Angie’s List
Jan 14, 2025 · IAC Inc., the New York City-based media conglomerate that acquired Indianapolis-based Angie’s List in 2017, says it is spinning off its entire ownership stake of that company to IAC’s...
IAC weighs home services unit Angi's spin-off as Dotdash …
Nov 12, 2024 · IAC said it was exploring a spin-off of its majority stake in home services unit Angi after the internet holding company beat third-quarter revenue expectations on Monday thanks to steady ad...
IAC board approves plan to spin-off Angi Inc. - Markets Insider
Jan 13, 2025 · IAC announced its Board of Directors has approved a plan to spin off IAC’s full stake in Angi (ANGI) to IAC shareholders. IAC will also reorganize its leadership: Joey Levin will leave his...
IAC exploring spinoff of 85% ownership in Angi to shareholders
Nov 11, 2024 · In a consistent pattern of anti-conglomerating, Angi would join a long list of businesses built up over time and spun off by IAC. Strategically, operationally, and financially, Angi is now...
IAC to Spin Off Stake in Angi, Longtime CEO to Step Down
IAC said that it is reorganizing the company through a plan that includes the exit of Chief Executive Joey Levin and a spinoff of its entire stake in home-services company Angi. The media and ...