DALLAS BUSINESS JOURNAL - Aug 8 - IAC is mulling the move for Match Group, which is publicly traded, along with ANGI Homeservices, according to a shareholder letter from IAC CEO Joey Levin. "We don't yet know where that process will lead – there's lots of work to be done and details to consider – and we may ultimately choose to spin off both, one or neither," Levin said in the letter. IAC's economic ownership interest in Match 80% and its voting interest was ~95%. The decision should be reached in the coming months.
by Brian Womack
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