Aug 21, 2008
IAC completing split into 5 publicly traded parts
Barry Diller's IAC/InterActiveCorp is completing its split into five publicly traded companies Thursday _ a move intended to give each business more focus and value than the previously cluttered whole.
With the split, home shopping network HSN Inc., time-share business Interval Leisure Group Inc., ticketing service Ticketmaster and lending and real estate business Tree.com Inc. were due to begin regular trading Thursday under their own ticker symbols. The symbols are 'HSNI' for HSN, 'IILG' for Interval, 'TKTM' for Ticketmaster and 'TREE' for Tree.com.
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