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 …
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.
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 ...
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 board approves plan to spin-off Angi Inc. - Markets Insider
3 days ago · IAC expects that the spin-off will be in the form of one share/one vote common stock of Angi, eliminating Angi’s dual-class structure. Today, all of Angi’s high vote shares are owned by IAC.
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 ...
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
IAC to Spin Off Stake in Angi, Longtime CEO to Step Down
Angi CEO Jeff Kip will continue to head the company as IAC’s 10th fully independent company, IAC said.
IAC approves plan to spin off company once known as Angie’s List
1 day ago · IAC acquired Angie’s List in 2017, combining it with Denver-based HomeAdvisor. The combined company was originally called ANGI Homeservices but changed its name to Angi Inc. in 2021.
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 ...