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IAC, Vimeo Spinoff
IAC/InterActiveCorp announced December that its Board of Directors had approved the plan to spin off its stake in video software company Vimeo.Vimeo is a cloud-based video platform that provides a one...
Stock spinoff that we are watching closely
As you all know, Spinoff stocks sometimes provide value for those who are able to pick out the right spinoff to invest in. In cases likes this, to win, you must find a Spinoff situation that wil...
Following its Spinoff of Match.com IAC Stock Slips After Earnings
As InterActiveCorp (IAC) recently finalized the distribution of its majority stake in Match.com to shareholders, its shares were trading lower on Monday, following the first earnings report. IAC is...
IAC Invests $1 Billion in MGM
Shares of MGM resort international (MGM) soared 25% to $23.79 on Monday after IAC Inter/Active Corp (IAC) bought a 12% stake worth $1 billion in the company. Barry Diller, the IAC chairman describes t...
Nick Cannon was booted from ViacomCBS and P Diddy told him to come to Revolt TV
Earlier this week, news broke out that ViacomCBS is putting an end to its long-term contract with Nick Cannon. According to the CNN report, the reason for the sudden contract termination was because o...