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Article: Judge Allows IAC Split.(Liberty Media Corp.)(IAC/InterActiveCorp.)(Brief article)
- Article from:
- Multichannel News
- Article date:
- March 31, 2008
- Author:
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Copyright informationCOPYRIGHT 2008 Reed Business Information, Inc. (US). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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by Mike Farrell
A Delaware Chancery Court judge ruled in favor of IAC/InterActiveCorp late Friday, dismissing Liberty Media's intention to block the Internet giant's attempt to split into five separate companies.
The ruling came two weeks after a five-day trial in Wilmington, Del., and would seem to be a major blow to Liberty, which had hoped that the trial would allow it to sever its relationship with IAC chairman Barry Diller once and for all and gain control of IAC.
The dispute stemmed from IAC's Nov. 5 plan to split into five separate entities: Liberty, which initially was in favor of the split, changed its mind when it learned Diller had planned a single-tier ...
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Article: United States: IAC seeks $4.5-million plant expansion.
TendersInfo;
June 21, 2008 ;
466 words
......with a projected $4.5 million project cost. IAC is a global supplier of automotive components...proposal given to council members Thursday, IAC would require a total addition of 147,000...rooms and rest rooms and a shipping office. IAC already has contracts for the manufacturing...
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