IAC Announces Plan to Spin Off Angi; Reorganizes Leadership
3 days ago · Angi Announces Joey Levin will guide Angi's next chapter as Executive Chairman. NEW YORK and DENVER, Jan. 13, 2025 /PRNewswire/ -- 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 will also reorganize its leadership: Joey Levin will leave his role as ...
IAC Announces Plan to Spin Off Angi; Reorganizes Leadership
3 days ago · IAC/Angi Inc. Investor Relations Mark Schneider (212) 314-7400. IAC Corporate Communications Valerie Combs (212) 314-7251. Angi Inc. Corporate Communications Emily Do (303) 963-8352. IAC
Angi Stock Rises as IAC to Spin Off Home Services Provider
1 day ago · 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
2 days ago · IAC first announced it was considering a spinoff of Angi in November. At the time, the company said Angi's revenue declined 16% year over year to $296.7 million during the third quarter.
IAC to spin off home improvement firm Angi - Axios
2 days ago · IAC has set its latest spinoff in motion with home improvement site Angi, and ushered in leadership changes at the top of the media conglomerate. Why it matters: The company's announcement puts IAC chairman Barry Diller firmly back in charge. Zoom in: IAC said Monday that its board approved a plan to spin off its ownership stake of Angi to ...
Denver-based Angi Inc. being spun off by Barry Diller's IAC Inc. to ...
1 day ago · Angi today is a publicly traded company with two classes of shares, one of which is a class of high-voting shares that IAC controls. Between the two classes of stock, IAC Inc. controls 98% of the ...
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 ...
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...
The much-awaited Angi spinoff is here. What’s changing?
2 days ago · 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 CEO Joey Levin to Step Down as It Spins off Home Services Unit Angi
2 days ago · Angi's market valuation stands at about $776 million as per Monday's closing price, down from $1.25 billion in November when IAC first announced its intention to distribute its 85% stake in the ...
- Some results have been removed