Article: For IAC/InterActiveCorp, breaking up is easy to do; With spinoff this week, new company's shares are seen as a bargain.(In the Markets)

Byline: Amanda Fung

Iac/interactivecorp is about to get leaner and more desirable. Media mogul Barry Diller spent four years building the empire of disparate online and traditional media properties, but Wall Street found the conglomerate difficult to stomach. On Thursday, Mr. Diller will officially divide IAC into five stand-alone businesses--a move that is expected to boost shareholder value.

IAC shares have fallen about 28% in the past year and closed at $18.62 on Friday. The five spun-off businesses began trading on a when-issued basis last Tuesday; two declined and three rose during the week.

"The new IAC is a basket of 32 Internet companies at various stages ...

Related newspaper, magazine, and journal articles:

Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!