Entries tagged "IAC/InterActiveCorp"
Auction front-runners News Corp. and Scripps Networks reportedly made offers of about $800 million for a 65% stake in the Travel Channel.
It seems like some bankers at Goldman Sachs Group are seeking acquisitions and not only advising on them.
While the board of IAC/InterActiveCorp mulls over the possibility of breaking up the company into five separate pieces, CEO Barry Diller has apparently been in discussions with Liberty Media Corp. over a possible asset swap. Liberty apparently wants to acquire IAC's Home Shopping Network and combine it with QVC, the New York Post reports. Previously, Liberty, a shareholder in IAC, had attempted to block the breakup, taking its case to Delaware court, which ultimately ruled in favor of IAC. - Maria Woehr...