IAC: If at first you dont succeed, spin off the weak stuff

Wanted: Shareholders for four of Barry Diller's castoffs. Requirements: A high tolerance for pain and Location Voiture Houston affinity for businesses–a struggling TV-based retailer, Location Voiture A Catania online mortgage Location Voiture Vacances Tunisie business, an under siege ticket vendor and a company Location De Voiture A Blois hawks Location Voiture Le Mans and vacations–that require a long-term view.

IAC delivered a strong message Location Voiture Limoges Monday: Internet conglomerates don't work. It also holds some clunkers that it hopes to spin off in the name of shareholder value. Shareholders Location De Voiture Ada be so proud today. By owning IAC, run by mogul Barry Diller, they get the equivalent of Wall Street spam. Since they own IAC they'll wind up with a portfolio littered with HSN, Ticketmaster, Interval Location De Voiture Bastia and LendingTree.

Good luck with that fearsome foursome. Maybe one of those you'd actually buy on the open market. more