What's Going On With Angi Stock Tuesday?
Truist Financial Maintains IAC Inc(IAC.US) With Buy Rating
Citi Maintains IAC Inc(IAC.US) With Buy Rating, Maintains Target Price $56
The Board of Directors of IAC approved the spin-off of the home renovation business, Angi.
Gelonghui, January 14 | IAC announced on Monday that the Board of Directors approved the spin-off of its home renovation Business Angi, which it acquired in 2017. The spin-off is expected to be completed in the second quarter of this year. As part of the spin-off, IAC CEO Joey Levin will resign and continue to serve as a consultant for the company. Additionally, Levin will serve as the executive chairman of Angi. Angi rose over 9% in after-hours trading.
The Much-awaited Angi Spinoff Is Here. What's Changing?
IAC to Spin Off Stake in Angi, Longtime CEO to Step Down
Angi Shares Jump in Extended Hours After IAC Announces Spinoff Plans
IAC (IAC.US) will spin off its home improvement service Angi (ANGI.US), and the latter's stock price rose 16% in after-hours trading.
IAC (IAC.US) announced on Monday that the Board of Directors approved the spin-off of its home renovation Business Angi (ANGI.US) acquired in 2017, with the spin-off expected to be completed in the second quarter of this year.
Barry Diller Will Once Again Lead IAC
IAC Approves Spinoff of Home Improvement Marketplace Angi
Express News | IAC: Plan to Spin off Full Stake in Angi; Expects Tax Free Transaction Will Be in Form of One Share/One Vote Common Stock of Angi
Express News | IAC: Joey Levin Will Leave as IAC CEO and Become an Advisor; Angi Appoints Levin as Executive Chairman
Express News | IAC: Following Levin’s Transition, IAC Does Not Intend to Appoint a New CEO
Express News | IAC: Co, Angi Affirmed Prior Financial Expectations for Q4
Express News | IAC Announces Plan to Spin off Angi; Reorganizes Leadership
Press Release: Charlotte Triggs Appointed First-Ever GM and Editor-in-Chief of the PEOPLE Group
What Is IAC Inc.'s (NASDAQ:IAC) Share Price Doing?
A Glimpse Into The Expert Outlook On IAC Through 10 Analysts
IAC/InterActive Is Maintained at Buy by Citigroup
Citi Maintains IAC Inc(IAC.US) With Buy Rating, Cuts Target Price to $56