FOX BUSINESS - Oct 16 - IAC Chairman Barry Diller said that investor pushback over the spinoff of Match Group is inevitable but will ultimately get "solved." Last week IAC/InterActiveCorp announced plans to spin off all of its shares in Match to IAC stockholders. The company owns ~80% of Match. "Match is a cash flow machine. So we would not cause indebtedness at Match to be beyond any kind of rational threshold," he said.
by Julia Limitone
See full article at Fox Business
See all posts on Match Group
| |
