IAC, Angi
IAC is eyeing offloading its entire stake in home improvement services company Angi
IAC ( NASDAQ: IAC) is looking to offload the majority stake in its publicly-listed subsidiary, Angi Inc. ( NASDAQ: ANGI ), in a tax-free transaction, making it the 10th standalone entity to come directly from Barry Diller's firm.
IAC exploring spinoff of 85% ownership in Angi to shareholders
We are again at one of those inflection points, and here’s what we plan to do: We are exploring a spinoff of our 85% ownership in Angi (ANGI) to IAC shareholders, which would make Angi the 10th fully standalone public company to come from IAC;
IAC said it was exploring a spin-off of its majority stake in home services unit Angi after the internet holding company beat ...
Barry Diller’s IAC is exploring a spin-off of home services marketplace Angi, as the billionaire magnate’s holding company ...
Angi reported a decline in its third-quarter revenue due to a drop in ads and leads sales. The home-services company, formerly known as Angie's List, on Monday reported a profit of $35.2 million, or 7 ...
RBC Capital analyst Brad Erickson reiterated a Hold rating on Angi (ANGI – Research Report) yesterday and set a price target of $2.75.
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