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IAC’s $369.9M Loss May Cause Firm To Breakup

Written on
February 6th 2008
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The IAC/Interactive Corp. posted a Q4 loss and stated that write-downs and decreased consumer spending at the entertainment unit could justify breaking the company up into five separate firms. The net loss posted by the company came to about $369.9 million or $1.31 a share. This is compared to a net [...] more...



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